Audiobook

H.I.G. Capital to Acquire RBmedia from KKR

Retrieved on: 
Wednesday, July 26, 2023

will acquire RBmedia and support its next phase of growth and development.

Key Points: 
  • will acquire RBmedia and support its next phase of growth and development.
  • RBmedia is the leading audiobook publisher in the world with a powerful digital distribution network that reaches millions of listeners around the globe.
  • During this period, RBmedia also experienced five years of double-digit revenue growth, invested in diverse content and expanded into international markets.
  • Morgan Stanley & Co. LLC and RBC Capital Markets acted as financial advisors, and Latham & Watkins LLP provided legal advice, to H.I.G.

Telly’s Free 55” 4K Dual-Screen TVs Begin Shipping to Consumers

Retrieved on: 
Thursday, July 13, 2023

Telly, the ultimate free television upgrade for the living room, announced today that the company has begun shipping the first-of-its-kind 55” 4K dual-screen television sets to consumers.

Key Points: 
  • Telly, the ultimate free television upgrade for the living room, announced today that the company has begun shipping the first-of-its-kind 55” 4K dual-screen television sets to consumers.
  • View the full release here: https://www.businesswire.com/news/home/20230713586665/en/
    Telly’s Free 55” 4K Dual-Screen TVs Begin Shipping to Consumers (Photo: Business Wire)
    Those receiving this initial wave of free Tellys have been invited to participate in the company’s public beta program.
  • They’ll work with Telly to unlock innovative opportunities for brands to reach and engage consumers via the company’s dual-screen television.
  • “We are thrilled to begin shipping what is by far the smartest television ever built to consumers,” said Ilya Pozin, CEO and Founder, Telly.

Presidio Investors Welcomes Mark Goldman as New Operating Partner

Retrieved on: 
Wednesday, June 28, 2023

Presidio Investors, LLC, a leading private equity firm specializing in services businesses in the lower middle market, is pleased to announce the appointment of Mark Goldman as its newest operating partner.

Key Points: 
  • Presidio Investors, LLC, a leading private equity firm specializing in services businesses in the lower middle market, is pleased to announce the appointment of Mark Goldman as its newest operating partner.
  • View the full release here: https://www.businesswire.com/news/home/20230628049321/en/
    As an operating partner, Mark will leverage his extensive experience to identify strategic investment opportunities, enhance operational performance, and contribute to the firm’s overall growth and success.
  • Karl Schade, Managing Partner of Presidio Investors, expressed enthusiasm about the new addition, stating, "We are thrilled to welcome Mark to our team.
  • Mark Goldman also shared excitement about joining Presidio Investors, saying, "I am honored to join Presidio and collaborate with such a talented and dynamic team.

AI Technology Transforms Audiobook Industry with the Launch of AuthorVoices.ai

Retrieved on: 
Tuesday, June 27, 2023

MARLBOROUGH, Mass., June 27, 2023 /PRNewswire/ -- Archieboy Holdings, LLC. is proud to introduce AuthorVoices.ai, an innovative platform designed to usher in a new era of audiobook production. Leveraging state-of-the-art AI voice generation technology developed by ElevenLabs, the platform enables authors to bring their stories to life in a fraction of the time and cost associated with traditional narrations.

Key Points: 
  • "We have streamlined the creation of audiobooks using AI technology.
  • Upon discovering the transformative potential of AI voice technology, he decided to focus his energy on building a platform that could revolutionize audiobook creation.
  • "It was the missing piece that connected this amazing AI voice technology to the streamlined creation of audiobooks."
  • To learn more about how AuthorVoices.ai is innovating the audiobook industry and bringing storytelling to new heights, visit https://www.authorvoices.ai .

RBmedia's Multicast Production of "The Whitewash" Named Audiobook of the Year by ABIA

Retrieved on: 
Tuesday, June 6, 2023

LANDOVER, Md., June 6, 2023 /PRNewswire/ -- RBmedia, the largest audiobook publisher in the world, today announced that its production of "The Whitewash" by Siang Lu won Audiobook of the Year at the 2023 Australian Book Industry Awards (ABIA). "The Whitewash" audiobook was published by RBmedia's Australian brand, Wavesound.

Key Points: 
  • Siang Lu's debut is a dark comedy about the whitewashing of the Asian film industry, told in the form of a documentary.
  • Wavesound brings Siang's award-winning novel to life in audio with a multicast production starring the author and more than a dozen other voice actors.
  • The multicast audiobook embodies the goals of "The Whitewash," which champions better and more representation for Asian actors.
  • Yen Nguyen, one of the key voice actors for the audiobook said, "'The Whitewash' was a dream project.

Audiobook Revenue Increases by Double Digits for the 11th Year

Retrieved on: 
Thursday, June 1, 2023

NEW YORK, June 1, 2023 /PRNewswire-PRWeb/ -- Publishers' audiobook revenue grew 10% in 2022 to $1.8 billion, which marks the eleventh straight year of double-digit growth, according to the Audio Publishers Association's Sales Survey conducted by Harris Interactive.

Key Points: 
  • Per 2023 consumer data, more than half of the US population 18+ has now listened to an audiobook.
  • Audiobook listeners today closely match the U.S. population, with 29% of audiobook listeners identifying as either African-American or Hispanic, compared to 27% of the U.S. population, suggesting increased diversity among listeners.
  • As audiobook listeners' lives return to their pre-pandemic routines, so has their audiobook consumption.
  • The study is a national survey of Americans ages 18 and older who have ever listened to a complete audiobook.

No App Required: Booksio Makes Books Even More Accessible

Retrieved on: 
Thursday, May 11, 2023

FRESNO, Calif., May 11, 2023 /PRNewswire/ -- Improve the world with Booksio, an online book retailer pledging 10% of every book, audiobook, and magazine sale to customer-selected charities.

Key Points: 
  • This innovative feature is transforming the world of digital and audio books, making it easier and more convenient for readers to access their favorite titles.
  • At Booksio.com, reading digital books and listening to audiobooks has never been more accessible and seamless.
  • "We wanted to create a seamless experience that is accessible to everyone, enabling our readers to enjoy their favorite books anywhere, anytime."
  • With its commitment to accessibility and charity, Booksio is making waves in the online bookstore industry, setting new standards for the future of digital and audio books.

A Foray Into Hollywood, the Best-Selling Memoir of American Celebrity and World-Renowned Businessman Robert Baker, Is Crossing the Globe for Its Upcoming Appearance at the Beijing International Book Festival and the New York Book Festival

Retrieved on: 
Tuesday, May 9, 2023

This tell-all memoir is a true account of a small-town American's big dreams, courageous vision, and the amazing, once-in-a-lifetime journey it took him to make it big in Hollywood.

Key Points: 
  • This tell-all memoir is a true account of a small-town American's big dreams, courageous vision, and the amazing, once-in-a-lifetime journey it took him to make it big in Hollywood.
  • For 30 years, he provided studio space, offered dance assistance, and even protected secrets for many favorite movie stars and music legends today.
  • Along with the grit and glamour, you'll also hear many of the fun stories and incredible people Robert met along the way!
  • We are also excited to announce that A Foray Into Hollywood will release its first Audiobook in June 2023!

Likewise, Personalized Content Discovery Platform, Announces Key Milestones

Retrieved on: 
Monday, May 8, 2023

Email is a key point of entry into the Likewise ecosystem which includes its mobile app, websites and connected TV applications.

Key Points: 
  • Email is a key point of entry into the Likewise ecosystem which includes its mobile app, websites and connected TV applications.
  • Re-Branding of Daily Newsletters ( www.likewise.com/newsletter ) – alongside this explosive user growth, Likewise announces new brands for its flagship newsletter products:
    WATCHLIST – f.k.a.
  • ‘What to Watch,’ for personalized Movies and TV shows.
  • With the average consumer spending 23 minutes per day trying to find new content, these brands articulate the core value promise of Likewise – to help make user’s lives better by connecting them with the content they’ll love.

Public Libraries Mark 20 Years of Success for Digital Book Lending

Retrieved on: 
Thursday, May 4, 2023

CLEVELAND, May 4, 2023 /PRNewswire/ -- As a result of the innovative team of librarians at Cleveland Public Library in 2003, popular ebook and audiobook lending is celebrating its 20th anniversary. Cleveland Public Library (CPL) librarians Patricia Lowrey, Cindy Orr, Sari Feldman and Tracy Strobel directed an eager local ebook development team at OverDrive to build and launch what would become the first popular ebook and audiobook service from a library. Because of their efforts, digital library lending would grow exponentially as millions of readers today enjoy access to ebooks, audiobooks, magazines, comics and streaming video from 88,000 public, school, academic and special libraries in 109 countries.

Key Points: 
  • Because of their efforts, digital library lending would grow exponentially as millions of readers today enjoy access to ebooks, audiobooks, magazines, comics and streaming video from 88,000 public, school, academic and special libraries in 109 countries.
  • Much has changed in 20 years – as shown in this NBC News clip from the early 2000s introducing "online libraries" – but the fundamentals of digital library lending established by the Cleveland librarians have continued to this day.
  • The librarians were ahead of their time: digital library lending launched four years before Kindle was introduced in 2007 and seven years before iPad and tablets became popular.
  • Libby enables public libraries and thousands of colleges, universities and corporate libraries to serve all readers with the most user-friendly interface and personalized features.