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Home > Company Index > Media > Internet & Online Content Providers > Audible, Inc.

Audible, Inc.
Nasdaq: ADBL
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 NEWS FROM THE WIRES
Thomas Baxter resigns as Audible CEO
Jul 23 2001 02:13 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
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Aug 23 2000 03:39 PM PDT

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Aug 23 2000 12:37 PM PDT

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Jun 14 2000 12:00 AM PDT

Blackmail for Dummies
May 26 2000 12:00 AM PDT

The MBA Draft
May 08 2000 12:00 AM PDT

 PROFILE
Audible certainly has a story to tell. It sells downloadable audio versions of books and print publications, including Frank McCourt's "Angela's Ashes" and "The New York Times." With more than 28,000 hours of content, Audible's Web site offers radio broadcasts, speeches, and performances. Works can be downloaded and played back on PCs using the company's AudibleManager software; it also partners with electronics makers such as Hewlett-Packard to enable portable players with its AudiblePlayer software. The firm has entered into a partnership with Random House to distribute spoken word content online for the imprint Random House Audible. It has also cut 40% of its staff in an effort to achieve profitability. Investors include Microsoft and Amazon.com.

 COMPETITION
RealNetworks, Inc. (RNWK)
Yahoo! Inc. (YHOO)
barnesandnoble.com inc. (BNBN)

 DEALS
Deal: Audible Receives $10 Million Investment From Microsoft
Date Announced: 02.09.01
Value of transaction (US $Mil): 10
Description: Audio content provider receives $10 million investment from Microsoft.

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 TRACKERS
Jul. 23, 2001 - LAYOFF TRACKER
35 laid off
Description: The layoffs affected all position levels and represent 40% of its staff.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4.50
1-Yr. Sales Growth: 164.7%
Employees: 84
Revenue per employee: $53,571.43

 KEY PEOPLE
• Donald R. Katz
    CEO
• Andrew P. Kaplan
    CFO

 CONTACT INFO
65 Willowbrook Blvd.
Wayne, NJ 07470
US
Phone: 973-837-2700
Fax: 973-890-2442
Online: Web Site

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