> Anybody can spin up a website hosting .mp3s like Audible does. Sure, but audiobook publishers won't be there because of their exclusivity requirement with Au

> Anybody can spin up a website hosting .mp3s like Audible does. Sure, but audiobook publishers won't be there because of their exclusivity requirement with Audible, and they won't drop the exclusivity requirement because Audible has all the market share, and so the website never grows to compete. Once Amazon figured this out with the Kindle and started pushing exclusivity there, books very quickly started disappearing from other online stores.