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Audible business model | How does Audible make money?

Audible has a story to tell. The subsidiary of online retail giant Amazon.com sells downloadable audio versions of books, as well as radio broadcasts, speeches, stand-up comedy, and other spoken word performances, via its Audible website. Some 85.000 audiobooks are available. Users can listen to programs on their computer or via a wireless mobile device (iPad, iPhone, or Kindle, to name a few), or burn to CD. Audible has distribution rights to content from some 1.000 content providers, including The New York times, The Wall Street Journal, and Forbes. Audible also provides audiobooks for Apple's iTunes store. The company has international versions of its site for consumers in the UK, France, and Germany.

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