OverDrive Acquires RBmedias Library Business
Summary
The acquisition of RBdigital will bring enhanced content and features to the OverDrive platform, to serve the needs of libraries around the world, including access to new release Recorded Books audiobooks. Founded in 1986 by Steve Potash, CEO, OverDrive is a digital reading platform for libraries and schools worldwide. The company is delivering a large catalog of ebooks, audiobooks, magazines and other digital media to a network of 48,000 libraries and schools in 78 countries. RBmedia is a global leader in spoken audio content and digital media distribution technology that reaches millions of consumers—at home, in the car, and wherever they take their mobile devices. The company is a large producer of audiobooks with a catalog of more than 45,000 exclusive titles through its content brands: Recorded Books, Tantor Media, HighBridge, Kalorama Audio, ChristianAudio, Gildan Media, GraphicAudio, W. F. Howes in the United Kingdom, and Wavesound in Australia.