Have you seen Book Box? http://www.bookbox.com
I just came across this web site recently – have no idea if it will be helpful or not, but the downloadable Flash stories are digitally narrated with simple animation and streaming text across the bottom – you see whole phrases, and the letters go from white to red as the words are spoken (called ‘SLS’ – same language subtitling). It may be a useful add-on to a reading program.
The stories are $2 per download – for PC, Mac or Video iPod, or you can buy DVD or CD-ROM collections. The stories are international in flavor, and come in several languages. You can preview the stories for free, so you could see if it fits your needs. The illustrations are beautiful and the animation simple. At times, though, I found it hard to choose between concentrating on the text vs. the image.