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audio book
An audio book is a recording of the contents of a book read aloud. It is usually distributed on CDs, cassette tapes, or digital formats (e.g., MP3 and Windows Media Audio). The term "audio book" has been synonymous with "books on tape" for roughly twenty years. Cassette-tape sales still comprise roughly 40% of the audio book market[citation needed], with CDs the other dominant format type. As of early 2006, downloadable audiobooks account for approximately 6% of the market. In the United States, the most recent sales survey (performed by the Audio Publishers' Association in 2004) estimated the industry to be worth 800 million US dollars. Current industry estimates hover at around two billion US dollars per year.
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