Audible, a wholly-owned subsidiary of Amazon, is headquartered in the US. Founded in 1995, the company employs approximately 3,190 individuals. Functioning as a software developer, Audible provides an audiobook and podcast service that enables users to purchase and stream audiobooks.
On March 5, Audible launched a Standard membership plan in the United States for $8.99 per month, offering one audiobook credit and unlimited listening from a curated library, positioning it $6 below the existing Premium tier. This follows the company's broader announcement earlier on March 5 of the new lower-priced Standard membership tier across six markets, including Australia, the United Kingdom, Canada, Germany, and France, adding a cheaper option as consumers scrutinize digital entertainment spending. For instance, the Standard plan costs AUD $8.99 monthly in Australia. Previously, on March 4, Audible rolled out immersion reading as part of the Read and Listen experience within its app, designed to enhance user engagement with storytelling.
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