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Audible is an American online audiobook and podcast service that allows users to purchase and stream audiobooks and other forms of spoken word content. This content can be purchased individually or under a subscription model where the user receives "credits" that can be redeemed for content monthly and receive access to a curated on-demand library of content.
Audiobook Creation Exchange (ACX) is a marketplace for professional narrators, authors, agents, publishers and rights holders to connect and create audiobooks. [ 1 ] [ 2 ] [ 3 ] ACX was launched by Audible on May 12, 2011 by Don Katz and ran by Jason Ojalvo.
U.S. audiobook sales in 2019 totaled 1.2 billion dollars, up 16% from the previous year. In addition to the sales increase, Edison Research's national survey of American audiobook listeners ages 18 and up found that the average number of audiobooks listened to per year increased from 6.8 in 2019 to 8.1 in 2020. [27]
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