Laura Hazard Owen
May 12, 2011 1:25 PM
With the rise of mobile devices, digital audiobooks have proven to be popular among users. But the vast majority of books are never turned into audiobooks because of high production and marketing costs. Now, Audible.com, the digital audiobook provider and Amazon.com (NSDQ: AMZN) subsidiary, is launching ACX, an online audiobook…
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Media & Publishing, Companies, Amazon, Audible, audible
Rafat Ali
Mar 7, 2008 10:53 AM
We reported on some of these issues from Audible’s filing earlier this year, and now one of the shareholders of Audible (NSDQ: ADBL) has come out in the open about its opposition of the deal, though it only owns about 1.4 percent of the shares: Red Oak Partners has issued…
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Companies, Amazon, audible
Joseph Weisenthal
Feb 29, 2008 7:42 AM
With a sale to Amazon (NSDQ: AMZN) in the works, Audible (NSDQ: ADBL) has announced Q4 revenue of $31.1 million, a 35 percent year-on-year increase from $23.2 million. Net income increased to $4 million from a loss of $.9 million, however this quarter, included a non-operating gain of $3.1 million…
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Money, Earnings, audible
Rafat Ali
Feb 12, 2008 5:36 PM
Audible (NSDQ: ADBL), the spoken word company which is in the process of being bought by Amazon.com (NSDQ: AMZN), has filed with SEC on a timeline of how the process of its sale went through. The company announced last week that it was selling to the book retailer for $300…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Amazon, audible
Rafat Ali
Jan 31, 2008 12:14 PM
Thus ends the long story of Audible (NSDQ: ADBL). I have always had a particular affinity with Audible, ever since I started paidContent.org in 2002 and two years prior. It was based in Wayne, NJ, the town I moved to first when I moved out east after finishing school in…
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Companies, Amazon, Apple, iTunes, Countries, Europe, Russia, apax partners, audible
Rafat Ali
Dec 15, 2007 10:44 AM
Private equity firm Apax Partners, which has been a long time investor in spoken word digital audio firm Audible, (NSDQ: ADBL) is in the process of selling off its stake through a public offering, according to an SEC filing. Apax and its affiliated funds are divesting more than 23 percent…
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Money, apax partners, audible
Rafat Ali
Nov 1, 2007 3:28 PM
Audible, (NSDQ: ADBL) the spoke-word digital audio company, has reported its Q3 earnings, and revenues were $27.6 million, up 38 percent over the $20.0 million reported in Q306. Net losses decreased to $192K, from the $2.52 million in the year-ago quarter. During the quarter 63K new AudibleListener members were added,…
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Money, Earnings, audible
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