A Look At Audiobook Solutions and Providers
The next major step in Audible's evolution occurred in 2008, when the company was acquired by Amazon for $300 million. And then in 2011, Audible introduced yet another innovation, an online marketplace known as the Audiobook Creation Exchange, or ACX. ACX is already having a significant effect on the manner in which the industry does business, largely by offering publishers both large and small easier access to the means of production.
Dan Eldridge is a journalist and guidebook author based in Philadelphia's historic Old City district, where he and his partner own and operate Kaya Aerial Yoga, the city's only aerial yoga studio. A longtime cultural reporter, Eldridge also writes about small business and entrepreneurship, travel, and the publishing industry. Follow him on Twitter at @YoungPioneers.