In what year did Amazon acquire Audible?

In what year did Amazon acquire Audible? Amazon acquired Audible in 2008.

Amazon completed the acquisition on March 19, 2008, after agreeing to buy the audiobook company in an all-cash transaction. Audible’s shareholders received $11.50 per share, and the deal valued the company at roughly $300 million. Audible continued operating as a recognizable audiobook brand within Amazon rather than disappearing as a separate consumer service.

Audible was founded in 1995 and helped popularize downloadable spoken-word audio before smartphones made listening on mobile devices routine. Its catalog included audiobooks, newspapers, magazines, and other audio programming. A common mix-up is confusing the acquisition with Amazon’s later expansion of Audible Originals and subscription offerings; those developments happened after the 2008 purchase. Amazon also acquired other major digital-media companies in different years, including Twitch in 2014 and IMDb much earlier, which can make Amazon’s acquisition timeline easy to jumble.