
Audible, Inc.
United Kingdom"Transform Everything You Do"
About
Donald Katz and Don Rumsby launched Audible in 1997 to bring spoken-word entertainment to digital devices. The founders created the first portable digital audio player before building a platform that let users buy and stream audiobooks. This early hardware work laid the groundwork for a service that would eventually turn audiobooks into a mainstream entertainment pillar.
Amazon acquired the company in 2008 for roughly $300 million and moved its headquarters to Newark, New Jersey. Under Amazon ownership, Audible shifted from selling individual discs to a subscription model where members receive monthly credits. The catalog now includes standard audiobooks, podcasts, and exclusive original productions known as Audible Originals.
The brand maintains a dominant position in the United States and United Kingdom markets despite growing competition. By late 2026, reports indicated that YouTube was negotiating with publishers to launch its own audiobook service starting in 2027. Audible responded by introducing features designed to immerse listeners deeper into narratives rather than just providing passive audio playback.
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Frequently Asked Questions
Is Audible owned by Amazon?
What does Audible Inc. do?
How do I stop paying for Audible?
Why am I being charged for Audible if I didn't sign up?
Is Audible still in business despite competitors?
Keywords
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Company Info
- Founded
- 1997
- Founder
- Donald Katz, Don Rumsby
- Headquarters
- Newark, New Jersey
- Industry
- Digital Audio Retail
- Parent Company
- Amazon.com
- Acquisition Year
- 2008
- Acquisition Price
- $300 million
- Primary Market
- United States, United Kingdom
- Notable Legal Event
- Washington judge ruled against auto-enrollment lawsuit in July 2026
- Author Controversy
- Brandon Sanderson criticized new author deal terms in October 2026
- Competitor Threat
- YouTube rumored to launch audiobook service in 2027
Official Website
www.audible.com
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