| Business Summary | | Audible,
Inc.
is
a
provider
of
spoken
audio
content,
such
as
audio
versions
of
books
and
newspapers,
as
well
as
radio
programs,
which
is
delivered
over
the
Internet
and
can
be
streamed
and
played
back
on
personal
computers
and
hand-held
electronic
devices
that
have
digital
audio
capabilities.
The
Audible
service
allows
consumers
to
purchase
and
download
its
content
from
its
Website,
www.audible.com,
store
it
in
digital
files
and
play
it
back
on
personal
computers
and
hand-held
electronic
devices.
The
Company
offers
customers
the
opportunity
to
subscribe
to
AudibleListener,
a
monthly
audio
service.
For
a
fixed
monthly
fee,
AudibleListener
customers
may
download
their
choice
of
programs
from
www.audible.com.
More
than
28,000
hours
of
audio
content,
much
of
which
is
only
available
in
digital
audio
format
at
www.audible.com,
is
currently
available
on
its
Website.
As
of
December
31,
2000,
Audible
had
over
51,000
customers
in
over
100
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ADBL
is
a
provider
of
downloadable
spoken
word
audio;
the
Company
has
more
than
30,000
hours
of
audio
programs,
including
audio
editions
of
books,
newspapers,
radio
programs,
and
original
shows.
For
the
six
months
ended
6/30/01,
net
revenues
rose
from
$1.6
million
to
$4.1
million.
Net
loss
applicable
to
Common
fell
7%
to
$16
million.
Results
reflect
an
increased
customer
base,
growth
in
corporate
and
bulk
content
sales,
and
a
reduction
in
sales
and
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Katz, 49 Chairman,
CEO | $362K | Robert Kramer, 42 Pres | -- | Andrew Kaplan, 47 CFO,
VP of Fin. and Admin. | 187K | Chet Van Wert, 45 Exec.
VP of Marketing | -- | Foy Sperring Sr. VP, Strategic Alliances | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|