Does Amazon Own Audible? Understanding the Acquisition and Benefits
Learn how Amazon's acquisition of Audible in 2008 expanded its audiobook offerings and membership benefits.
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Yes, Amazon owns Audible. Amazon acquired Audible in 2008, allowing them to offer a vast library of audiobooks, podcasts, and other spoken-word content. Audible's membership benefits, such as monthly credits and discounts, are part of Amazon's strategy to enhance customer experience.
FAQs & Answers
- When did Amazon acquire Audible? Amazon acquired Audible in 2008, integrating the audiobook platform into its range of digital offerings.
- What benefits does Audible membership offer through Amazon? Audible membership includes monthly credits to purchase audiobooks, exclusive discounts, and access to a vast library of spoken-word content.
- Is Audible fully owned and operated by Amazon? Yes, Audible is a subsidiary of Amazon, fully owned since the 2008 acquisition.