Does Amazon Own Audible? (Something You May Be Interested In)

Thomas Joseph

Amazon has been steadily pushing into that area of online retail since at least 2009. This article will go into what Amazon is, who owns Audible, and some of its new developments.

Does Amazon Own Audible? If you're into an online business, Amazon is probably one of the most popular companies for online shopping. How does Amazon make money, then? First and foremost, it is known as a leader in e-commerce, selling books and audiobooks through its website Audible, creating more than a billion dollars in sales each year. But there is more to this story than meets the eye.


Table Of Contents

Does Amazon Own Audible in 2022?

If you're an Amazon Prime member, you've probably noticed the Audible section on the Amazon website. But did you know that Amazon owns Audible? That's right - Amazon purchased Audible in 2008 for a whopping $300 million. Now, Audible is an Amazon company that produces and sells audiobooks, radio and TV programs, and audio versions of magazines and newspapers.

So if you're a fan of audiobooks, there's no better place to get them than from Audible. And with Amazon's backing, you can be sure Audible will be around for many years.

Audible is the world's largest provider of audiobooks and other spoken-word content. With over 200,000 titles, there's something for everyone on Audible. And since Amazon owns it, you can be sure that there are plenty of integrations between the two platforms. For example, you can buy Audible books directly from the Amazon website or app.


Did Amazon Originally Own Audible?

CEO Don Katz originally owned audible. It was initially founded in 1995 and was acquired by Amazon in 2008. Since then, Audible has been a subsidiary of Amazon.


When Was Audible Released?

Audible was released in 1995 and has been owned by Amazon since 2008. It is one of the leading audiobook platforms available today.

In 1997, Audible released its first audio player to the public. Since its launch, Audible was embraced and sold over 3000 media players to over 5000 customers.

By 1999, it was the most successful digital media company, with a value of $538 million.


Why Did Amazon Purchase Audible

It's no secret that Amazon is a powerhouse in e-commerce. So when they announced their purchase of Audible, an audiobook company, in 2008, many people were curious about their motivations.

There are a few key reasons why Amazon might have wanted to own Audible. First, Audible provides a great compliment to Amazon's existing Kindle business. By owning both an ebook and audiobook company, Amazon can offer customers a complete package for their reading needs.

Second, Audible gives Amazon another avenue for selling digital content. Audiobooks are an increasingly popular format, and by owning Audible, Amazon can get a piece of that pie.

Lastly, Audible brings a large customer base that Amazon can tap into. With millions of customers already using Audible, Amazon has instant access to a new group of potential buyers.

With Kindle, digital content, and a large customer base, Amazon is well-positioned to dominate the audiobook market.


How Does Amazon Earn From Audible

Audible is an audiobook and podcast streaming platform owned by Amazon. The company offers many titles, including best-sellers, new releases, classics, and more.

Audible is a great way to earn money for Amazon. Amazon is a company that makes money off of every purchase you make. It has much more to do with Audible than just the audiobooks themselves.  Audible also offers a monthly subscription service that allows members to access a certain number of audiobooks each month. This subscription service is another great way for Amazon to earn money.


Is Audible Available On Amazon Devices

Audible is available on Amazon devices. You can either buy books through the Audible app or website or listen to them on your device or purchase an Audible membership and access a broader range of titles.

The Audible app is available for Android, iOS, and Amazon Fire.

You can also listen to Audible audiobooks on your Alexa-enabled devices, such as an Amazon Echo or Amazon Tap.

The Audible app is the easiest way to listen to audiobooks on your mobile device or computer.

You can download audiobooks directly from the Audible website or through your mobile app in the United States, Canada, Mexico, Great Britain (England), Ireland, France, Germany and Australia.

In select countries, you can also download books from libraries in other countries and foreign retailers like Amazon's Kindle Store or Barnes & Noble's Nook Store.


How Much Does Audible Cost

               

Audible, a subsidiary of Amazon, offers a wide range of new and old audiobooks. The prices for Audible memberships vary depending on the length of the membership, but the monthly cost is generally around $14.99. However, discounts and promotions are often available, so it's worth checking the website regularly to see if you can get a good deal. Audible also offers a 30-day free trial, so if you're unsure whether it's for you, it's worth giving it a go.


What Are the Critical Features of Audible

Audible is a leading provider of audiobooks and other spoken-word entertainment. Its key features include:

Audible is a great resource if you're looking for your next great listen or want to learn more about the world of audiobooks.


Are Audible Books Free?

If you're already a Prime member and want to keep your free audiobook downloads, you can sign up for an Audible membership. Then you'll be able to continue getting free books on Audible through your Audible membership. The Audible membership costs $14.99 per month.


Conclusion

Although Amazon has bought out audible, the site's history of serving audiobook lovers for over 20 years remains. It is a history that would not exist had Bezos and his team never decided to invest in the audiobook platform. As it exists now, Audible is substantially different from its website counterpart Amazon.com in that Audible focuses solely on audiobooks. This area can be seen as separate from most of Amazon's other offerings.

However, had Bezos never purchased this company, there is no doubt that it would have been bought out by another audiobook provider or a similar site to compete with the growing number of audiobooks being made available to consumers at lower prices.

 

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