Audio Books Are Hot!
Vic February 8th, 2008
What do you think, are audio books hot or not?
Well it appears that Amazon the world's largest online retailer thinks they are. They just bought Audible.com the world's leading online retailer of digital audio books for an estimated $300 million.
Based in Newark, New Jersey Audible.com was established in 1995 and has grown it's inventory to well over 80,000 audio titles since that time. A considerable number of Audibles sales are through one of two subscription programs they developed and it will be interesting to see if Amazon will continue to offer these programs.
At this point in time it's unknown how Amazon will integrate Audibles audio book downloads into their own inventory of digital products. There are many more questions than answers right now, but one thing is for sure and that is with Amazon making a large investment in the world of downloadable audio books there popularity will only increase and many more people will be jumping on this trend in the near future.
We'll be following this story as it unfolds and will be updating you on what's happening as new information becomes available.
You can find out more about Audible.com at Wikipedia
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