Amazon.com to Acquire Audible.com

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Amazon.com, Inc. (NASDAQ:AMZN), today announced that it has reached an agreement to acquire Audible Inc. (NASDAQ:ADBL).

Audible.com is the leading online provider of premium digital spoken word audio content, specializing in digital audio editions of books, newspapers and magazines, television and radio programs and original programming. Through its web sites in the US and UK and alliances in Germany and France, Audible.com offers over 80,000 programs, including audiobooks from well-known authors such as Stephen King, Thomas Friedman, and Jane Austen, and spoken word audio content from sources including The New York Times, The New Yorker, Fresh Air and Charlie Rose.

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