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AUDIBLE INC NEW (RT-ECN)
Symbol: ADBL
Last Trade: 18.30 9:15AM ET
After Hours Change: N/A
Today`s Change: 1.97 (12.06%)
Bid: 18.25
Ask: 18.29
Symbol: ADBL
Last Trade: 18.30 9:15AM ET
After Hours Change: N/A
Today`s Change: 1.97 (12.06%)
Bid: 18.25
Ask: 18.29
Ihr wollt wissen warum??
Tuesday June 7, 7:56 am ET
XM Satellite, Audible to Launch New Handheld Device in 2006
NEW YORK (AP) -- Audible Inc., which sells downloadable audio versions of books and newspapers, and satellite radio service provider XM Satellite Radio Holdings Inc. on Tuesday said that in 2006, they will co-launch a new handheld device that can play both the XM service and Audible`s audio content.
The portable, handheld satellite radio devices will be able to receive both XM`s roughly 150 digital radio channels, as well as audio programs from broadcasters, and audio book, newspaper and magazine publishers, which can be downloaded from the Internet.
The value of the agreement was not disclosed. XM and Audible said they will prominently co-market each other`s services.
XM said it will feature Audible on the air, its Website and other channels, and also make the company`s spoken-word programming available for downloading on the XM Website. Audible said it will offer popular XM talk programs on its own Website, starting with the Bob Edwards Show and Opie and Anthony.
Audible shares closed Monday at $16.33 on the Nasdaq, and climbed $1.17, or 7.2 percent, to $17.50 in premarket activity. XM Satellite shares closed Monday at $33.48 on the Nasdaq.
Tuesday June 7, 7:56 am ET
XM Satellite, Audible to Launch New Handheld Device in 2006
NEW YORK (AP) -- Audible Inc., which sells downloadable audio versions of books and newspapers, and satellite radio service provider XM Satellite Radio Holdings Inc. on Tuesday said that in 2006, they will co-launch a new handheld device that can play both the XM service and Audible`s audio content.
The portable, handheld satellite radio devices will be able to receive both XM`s roughly 150 digital radio channels, as well as audio programs from broadcasters, and audio book, newspaper and magazine publishers, which can be downloaded from the Internet.
The value of the agreement was not disclosed. XM and Audible said they will prominently co-market each other`s services.
XM said it will feature Audible on the air, its Website and other channels, and also make the company`s spoken-word programming available for downloading on the XM Website. Audible said it will offer popular XM talk programs on its own Website, starting with the Bob Edwards Show and Opie and Anthony.
Audible shares closed Monday at $16.33 on the Nasdaq, and climbed $1.17, or 7.2 percent, to $17.50 in premarket activity. XM Satellite shares closed Monday at $33.48 on the Nasdaq.
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