In 2011, it launched the Audiobook creation exchange that directly links narrators, producers, and rights holders when creating new Audiobooks. After the purchase, Audible started releasing exclusive science fiction and fantasy audiobooks. The main advantage it came with is that it updated automatically and would delete content after listening to them hence saving storage space.Īt the beginning of 2008, Amazon offered to purchase Audible for 300 million dollars. Audible released Audible Air in 2005 that allowed users to download music directly into their phones. The offer ended in the year 2017 after the antitrust rulings of the European Union. Apple made Audible the exclusive provider of Audiobooks for the I-tunes Music store. In the year 2003, Audible came into a contract with the Apple Corporation. During its formation, the first product built was the portable media player known as an audible player in 1998. It is an online podcast and audiobook that allows users to purchase and stream audiobooks and other verbal content. The launching of Audible happened in 1995.
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