Amazon.com said Thursday that it reached an agreement to buy Audible, a provider of digital audiobooks, for $11.50 a share, in a deal that bolsters the online retailer’s offerings of audio downloads.
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Amazon values the transaction at about $300 million, including Audible’s cash and short-term investments.
Audible’s over 80,000 programs, including audiobooks from authors such as Stephen King and Jane Austen, may complement Amazon’s growing digital music store that offers songs without copy-protection technology known as digital rights management. Amazon MP3, launched in September 2007, now includes more than 3.3 million songs.
Complete story in the New York Times.
great
So the one audiobook provider that worked with Macs will never have a library module.
Splendid.
F*ckers.
parceling out my hate
Mac, audible, Amazon … who cares. I wanted an iPod compatible e-audiobook vendor for my patrons who REALLY want one.
I’m mad that audible will never have be available in a library mod. Because of the lot of them.