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 TMO Headlines - Updated May 26th

Fri, 1:47 AM
iKlips miReader 4K: $46.99
Thu, 4:47 PM
Apple Bringing Editorial Direction to Apple News, Hires Experienced New York Magazine Exec
Thu, 4:46 PM
Comprehensive Guide to Magic Mouse Mac Gestures
Thu, 3:37 PM
Tell the FCC Exactly How You Feel about Ringless Voicemail
Thu, 3:30 PM
Jony Ive Appointed Chancellor at Royal College of Art
Thu, 3:02 PM
Apple Watch Most Accurate Heart Rate Fitness Tracker, Sucks at Calorie Counting
Thu, 2:26 PM
Apple Transforms PR Site to a 'Newsroom' and Redesigns Executive Profiles
Thu, 1:34 PM
The Big Ringless Voicemail Rant - TMO Daily Observations 2017-05-25
Thu, 12:32 PM
New Apple Cartoon Looks at the Liam Recycling Robot
Thu, 9:57 AM
Belkin Launching HomeKit Compatible WeMo Bridge This Fall
Thu, 9:53 AM
Andy Grignon 10 Years Later, Reflecting on Helping to Create the iPhone
Thu, 9:02 AM
macOS: Linking Contact Cards Together
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!