Audible is a company that works under Amazon. Audible sells audio books and also produces digital books for different purposes. You can get magazines, digital books, TV programs, and even newspapers. Audible has grown to be one of the largest companies in audiobooks production.
Audible was founded in the year 1995 by Don Katz. It was the first company to come up with digital audio players. For one to play audio files on the player, you had to download AA sound quality from Audible’s website. Four years down the line, Audible’s CEO unfortunately passed away after having a heart attack. After this the company struggled with trying to stay in the market.
In 2003, Audible started selling its audiobooks on iTunes. Audiobooks from iTunes would have a .m4b extension. The founder had a profile of the company recorded and he also started giving IT talks on how the company had developed. In 2005 the company launched the Audible air software that would allow a user to download a book into any device wirelessly.
In the year 2008, Amazon bought Audible at an estimated value of $300 million. The company