Is Audible Still Owned by Amazon?

Audible, founded in 1995, is a subsidiary of Amazon.com and one of the leading providers of digital audiobooks, radio and TV programs, original programming, and audio versions of magazines and newspapers. Audible has more than 200,000 titles available for download to portable media players and computers.

It’s an impressive library – one that continues to grow as Audible adds new titles on a daily basis. The company also offers free trials of select titles.

Audible was acquired by Amazon in 2008 for a reported $300 million. Since then, Audible has continued to expand its offerings and grow its customer base, becoming one of the most popular sources for digital audio content. In addition to its library of audiobooks and other spoken-word audio content, Audible also produces original programming such as podcasts and radio shows.

Audible’s Impact

Since being acquired by Amazon, Audible has had a profound impact on the audiobook industry.

By leveraging Amazon’s vast customer base and marketing power, the company has been able to bring audiobooks into the mainstream and make them more accessible than ever before. Furthermore, Audible’s success has encouraged other companies to enter the market – resulting in more competition for customers.

Conclusion

Yes, Audible is still owned by Amazon. The online retail giant acquired the audiobook provider in 2008 for $300 million, since then it has become one of the most popular sources for digital audio content with an impressive library that continues to grow every day.