Inside the Australian and New Zealand book industry

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RBmedia reports ‘record-setting performance’, OverDrive audiobook borrowing up 19%

In the US, Publishers Weekly (PW) reported a strong close to 2024 for audiobook publisher RBmedia.

After operating for a full year under new ownership since being acquired by H.I.G. Capital and Francisco Partners in 2023, RBmedia reported a ‘record-setting performance’ in 2024, but did not provide financial details. PW reported that growth came in part from the expansion of the company’s audiobook catalogue, which increased to over 80,000 titles, and follows RBmedia’s acquisition of Dreamscape and Berrett-Koehler’s audio division.

 

Category: International news