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Audible buys rights to 5,000 AudioGO titles
25.11.13 | Benedicte Page
Amazon-owned audiobook seller Audible has bought rights to 5,000 of AudioGO's titles.
Licensing rights for the titles will transfer to Audible in February, pending approval from affected authors and publishers.
Mark Shaw, partner of accountancy firm BDO and a joint administrator for AudioGO, said: "This will ensure continued access to a large portion of the AudioGO library for the consumer, and continuity of royalty payments to authors and publishers.”
Fifty-seven members of staff were made redundant went AudioGO went into administration at the end of last month.