The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Amazon.com to Buy Audible.com for $300M

Amazon.com to Buy Audible.com for $300M

by , 10:40 AM EST, January 31st, 2008

Online retailer Amazon.com announced on Thursday plans to acquire Audible.com for about US$300 million. The deal will make Amazon.com the largest distributor of spoken word audio content on the Web.


Audible.com

The two companies agreed to a deal where Amazon.com will purchase Audible.com's outstanding shares for $11.50 per share and will assume the company's outstanding stock-based awards. The transaction is expected to be completed by the end of the second quarter of 2008.

Amazon.com has not stated if there are plans to add Audible.com support to its Kindle ebook reader, or if there will be any changes to Audible.com's distribution deal through Apple's iTunes Store.

Recent Headlines - Updated February 7th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Sun,4:17 PM
MGG 591: If You Had a JBOD Would You Hold It Against Us?
Fri,5:30 PM
Ghostbusters Reboot gets its Own LEGO Kit
4:55 PM
Man Ties String to iPhone and Films Ski Run (Video)
4:45 PM
What To Do When Your Apple Watch Tells You NOT to Eat the Candy Bar
2:56 PM
‘Star Wars’ as a Grindhouse Trailer
2:29 PM
The iPad Pro and Apple Pencil Giveaway
1:26 PM
Apple to Supreme Court: You can Skip Samsung’s Patent Appeal
1:16 PM
TMO Daily Observations 2016-02-05: Streaming the Super Bowl, Time Machine’s Failure
10:57 AM
Want to Watch the Super Bowl on Your iPad for Free? There’s an App for That
9:33 AM
Final Cut Pro X Adds 4K Video Export for Apple Devices
8:55 AM
iOS: That Stupid [Bleep] Siri and Its [Bleep] Nicknames
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!