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Libro.fm
Libro.fm is an audiobook app that splits its profits with an independent bookstore of the customer's choosing. In 2022, the company's publicity director Albee Romero told The Orange County Register that half of all profits go to the selected independent bookshop. It has created apps for Android, iPhone and Apple Watch and is free of digital rights management, meaning all books can be downloaded on other devices without restrictions. The Seattle-based company is employee-owned and a social purpose corporation. History In 2014, Libro.fm was co-founded by Mark Pearson (Libro.fm CEO), Carl Hartung (CTO) and Nick Johnson (creative director). In 2020, Libro.fm expanded beyond the U.S. and into Canada. In 2020, Libro also partnered with Bookshop.org to direct its customers looking for audiobooks to buy directly from Libro.fm. In 2023, Libro.fm expanded into the UK, Australia and New Zealand and began to accept payments in EUR, AUD, GBP and NZD. See also * Hoopla * Libby Lib ...
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Libby (service)
Libby is a mobile app that supports users in accessing library services. It is a product of OverDrive, Inc. In March 2023, OverDrive, Inc. announced it would sunset the legacy OverDrive mobile app on May 1, 2023, having already requested that library systems delete references to the legacy app directing public, academic and corporate libraries and its users to its newer Libby app. Libby mobile app The Libby mobile app requests users's library card. With the library card, Libby connects to the user's account at the library and provides support in checking out books. The intent is improved service and ease of accessing the library instead of using the library's own website. A reviewer for '' Literary Review of Canada'' praised Libby's management of reading data, including books read and books in queue for reading. A reviewer for '' Time'' called Libby one of the best apps of 2018. '' Popular Mechanics'' named Libby as one of the best apps of the 2010s. According to OverDrive CEO ...
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Social Purpose Corporation
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Seattle, Washington
Seattle ( ) is a port, seaport city on the West Coast of the United States. It is the county seat, seat of King County, Washington, King County, Washington (state), Washington. With a 2020 population of 737,015, it is the largest city in both the U.S. state, state of Washington and the Pacific Northwest region of North America. The Seattle metropolitan area's population is 4.02 million, making it the List of metropolitan statistical areas, 15th-largest in the United States. Its growth rate of 21.1% between 2010 and 2020 makes it one of the nation's fastest-growing large cities. Seattle is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington. It is the northernmost major city in the United States, located about south of the Canada–United States border, Canadian border. A major gateway for trade with East Asia, Seattle is the fourth-largest port in North America in terms of container handling . The Seattle area was inhabited by Nat ...
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Audiobook
An audiobook (or a talking book) is a recording of a book or other work being read out loud. A reading of the complete text is described as "unabridged", while readings of shorter versions are abridgements. Spoken audio has been available in schools and public libraries and to a lesser extent in music shops since the 1930s. Many spoken word albums were made prior to the age of cassettes, compact discs, and downloadable audio, often of poetry and plays rather than books. It was not until the 1980s that the medium began to attract book retailers, and then book retailers started displaying audiobooks on bookshelves rather than in separate displays. Etymology The term "talking book" came into being in the 1930s with government programs designed for blind readers, while the term "audiobook" came into use during the 1970s when audiocassettes began to replace phonograph records. In 1994, the Audio Publishers Association established the term "audiobook" as the industry standard. H ...
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Independent Bookstore
An independent bookstore is a retail bookstore which is independently owned. Usually, independent stores consist of only a single actual store (although there are some multi-store independents). They may be structured as sole proprietorships, closely held corporations or partnerships, cooperatives, or nonprofits. Independent stores can be contrasted with chain bookstores, which have many locations and are owned by large corporations, which often have other divisions besides bookselling. Social role Author events at independent bookstores sometimes take the role of literary salons and independents historically supported new authors and independent presses. U.S. decline and renaissance For most of the 20th century, almost all bookstores in the United States were independent. In the 1950s, automobiles and suburban shopping malls became more common. Mall-based bookstore chains began in the 1960s, and underwent a major expansion in numbers in the 1970s and 1980s, especially B. ...
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The Orange County Register
''The Orange County Register'' is a paid daily newspaper published in California. The ''Register'', published in Orange County, California, is owned by the private equity firm Alden Global Capital via its Digital Fiest/Media News subsidiaries. Freedom Communications owned the newspaper from 1935 to 2016. History The ''Register'' was founded by a consortium as the ''Santa Ana Daily Register'' in 1905. It was sold to J. P. Baumgartner in 1906 and to J. Frank Burke in 1927. In 1935 it was bought by Raymond C. Hoiles, who renamed it the ''Santa Ana Register.'' After the Japanese attack on Pearl Harbor, Hoiles was one of the few newspaper publishers in the country to oppose the forced relocation of Japanese and Japanese Americans to camps away from the West Coast. Hoiles reorganized his holdings as Freedom Newspapers, Inc. In 1950, the name was changed to Freedom Communications. The paper dropped "Santa Ana" from its title in 1952. In 1956, the newspaper was a prominent supporte ...
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Digital Rights Management
Digital rights management (DRM) is the management of legal access to digital content. Various tools or technological protection measures (TPM) such as access control technologies can restrict the use of proprietary hardware and copyrighted works. DRM technologies govern the use, modification, and distribution of copyrighted works (such as software and multimedia content), as well as systems that enforce these policies within devices. Laws in many countries criminalize the circumvention of DRM, communication about such circumvention, and the creation and distribution of tools used for such circumvention. Such laws are part of the United States' Digital Millennium Copyright Act (DMCA), and the European Union's Information Society Directive (the French DADVSI is an example of a member state of the European Union implementing the directive). DRM techniques include licensing agreements and encryption. The industry has expanded the usage of DRM to various hardware products, such as K ...
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Social Purpose Corporation
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Bookshop (company)
Bookshop is an online book marketplace founded in January 2020. Its stated mission is "to financially support local, independent bookstores." Bookshop, a privately held company, has been certified as a B Corporation. History Bookshop was founded by publisher Andy Hunter, who had previously co-founded Literary Hub and ''Electric Literature''. It is a collaboration between Hunter, the American Booksellers Association, and the book wholesaler Ingram. On November 2, 2020 Bookshop opened a branch in the United Kingdom in partnership with wholesaler Gardners Books, which runs a similar profit sharing program with independent bookshops in that country. Model Bookshop, operating on an affiliate marketing model, receives and fulfills orders for independent booksellers through its online storefront and returns a set portion of profits to the bookseller. Bookshop lets authors, publishers, and reviewers also sign up as affiliates. Bookshop, conceived as a response to Amazon ...
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Hoopla (digital Media Service)
Hoopla (stylized as hoopla) is a web and mobile ( Android/iOS) library media streaming platform launched in 2010 for audio books, comics, e-books, movies, music, and TV. Patrons of a library that supports Hoopla have access to its collection of digital media. Hoopla Digital is a division of Midwest Tape. Business model Hoopla is free-of-charge for patrons of participating libraries. The content is paid for by library systems, using a "per circulation transaction model". Content Hoopla claims to have over 500,000 content titles across six formats. As of November 2016, Hoopla's content comprised 35% audiobooks (for which Hoopla has contracts with publishers such as Blackstone Audio, HarperCollins, Simon & Schuster Audio, Tantor Audio, and others), followed by 22% movies (for which Hoopla has motion picture contracts with publishers such as Disney, Lionsgate, Starz, Warner Bros., and others), 19% music, 12% ebooks, 6% comics, and 6% television. Technology Hoopla content ...
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Audiobook Companies And Organizations
An audiobook (or a talking book) is a recording of a book or other work being read out loud. A reading of the complete text is described as "unabridged", while readings of shorter versions are abridgements. Spoken audio has been available in schools and public libraries and to a lesser extent in music shops since the 1930s. Many spoken word albums were made prior to the age of cassettes, compact discs, and downloadable audio, often of poetry and plays rather than books. It was not until the 1980s that the medium began to attract book retailers, and then book retailers started displaying audiobooks on bookshelves rather than in separate displays. Etymology The term "talking book" came into being in the 1930s with government programs designed for blind readers, while the term "audiobook" came into use during the 1970s when audiocassettes began to replace phonograph records. In 1994, the Audio Publishers Association established the term "audiobook" as the industry standard. H ...
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Employee-owned Companies
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with ...
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