Daniel Rowe

New York, NY (USA)
Role(s):

Sonibyte

Location: New York
Industry: Media
Year Founded: 2005
Number Employees: INVALID
Description: SoniByte is a business-to-business service that produces digital spoken-word audio versions of periodicals – essentially audio books for newspapers and magazines. As the podcasting market explodes, the demand for these services is growing by the day. SoniByte will be the production machine behind the explosion, transforming written words into high-quality digital audio, read by human beings. Opportunity The Consumer Electronics Association reports, “The portable MP3 player category has shattered all expectations as unit sales more than doubled in 2004 to over 6.9 million units and dollar sales nearly tripled in revenue to $1.2 billion, compared to figures from 2003.” In the fourth quarter of 2005, Apple sold over 14 million iPods, and demand continues to exceed expectations. Sonib