Amazon is one of the largest online retailers in the world, and it has become even more well-known for its audiobook offerings. The audiobook marketplace has grown drastically in recent years, and Amazon has become a major player in this space.
The company offers a wide range of audiobooks, from bestsellers to classics, and it also offers a subscription service called Audible. So, is Audiobooks owned by Amazon?
The answer is yes. In 2008, Amazon acquired Audible, Inc., a digital audio provider.
Since then, Audible has become Amazon’s exclusive provider of digital audiobooks and other spoken-word content. This means that any audiobook you purchase on Amazon will be provided by Audible.
Amazon also owns the popular audiobook app called Audible for iOS and Android devices. The app allows users to download and listen to their favorite books on the go.
It also provides access to exclusive content such as original audio series and celebrity narrations. Additionally, there are special discounts available for those who purchase an Audible subscription.
In addition to owning Audible, Amazon also owns several other companies related to the audiobook industry. For example, Brilliance Audio is an independent publisher that produces high-quality audio versions of books from authors such as Stephen King and Dean Koontz. ACX is another Amazon-owned company that works with authors and publishers to create audio versions of their books.
It’s clear that Amazon is deeply invested in the audiobook industry, which means they are likely here to stay for years to come. Their wide selection of titles combined with their subscription service make them an attractive option for those looking to enjoy their favorite books on the go or while doing chores around the house.
In conclusion, yes – Audiobooks is owned by Amazon through its acquisition of Audible in 2008. Since then they have expanded their offerings significantly through various acquisitions as well as their own services like Audible for iOS devices and ACX which helps authors create audio versions of their work. Amazon’s commitment to this market makes them one of the leading players in this space – something that looks unlikely to change anytime soon!