RBmedia, Inc.

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RBmedia, Inc. - overview

Established

2017

Location

-, MD, US

Primary Industry

Media

About

RBmedia, based in the US, specializes in audiobook publishing, offering an extensive catalog of over 90,000 titles and releasing more than 9,000 new audiobooks annually, targeting both retail and library distribution. Founded in 2017, RBmedia operates as a prominent audiobook publisher, focusing on digital and library distribution. The company underwent a significant change in ownership when it was acquired from KKR by H. I.


G. Capital and Francisco Partners in July 2023 for USD 1 billion. RBmedia has completed 4 deals to date, with its latest funding round being a Secondary Buyout that raised USD 1 billion, marking its total raised funds at the same amount. RBmedia operates as the largest audiobook publisher globally, offering a diverse catalog of over 90,000 audiobooks and releasing more than 9,000 new titles annually.


Its core product offerings encompass a wide range of audiobooks across various genres, targeting both digital retail and library distribution. The company’s audiobooks are accessible on prominent platforms, such as Audible, Spotify, and Apple, effectively reaching millions of users worldwide, including audiences in North America, Europe, and Asia. RBmedia’s client base includes individual consumers, libraries, and educational institutions, all seeking high-quality audio content that enhances the listening experience while catering to a growing demand for convenient, on-the-go access to literature. The company utilizes advanced digital media distribution technology to address the needs of modern listeners, ensuring availability regardless of users' locations.


RBmedia generates revenue through a multi-faceted distribution model that includes both B2B and direct-to-consumer transactions. The company partners with leading digital retailers and library platforms, allowing for broad accessibility to its audiobook offerings. Revenue is derived from individual audiobook sales, subscription services, and licensing agreements with various partners. Customers may access audiobooks via subscriptions on platforms like Audible or purchase titles outright.


RBmedia capitalizes on its extensive catalog that features flagship titles from bestselling authors, thus positioning itself favorably within the audiobook market. The structured transactions between RBmedia and its clients enable efficient monetization of audiobook rights, enhancing profitability through widespread distribution and marketing strategies tailored to maximize sales potential. Following the acquisition in July 2023, RBmedia aims to leverage the investment from H. I.


G. Capital and Francisco Partners to drive its growth strategy. The company plans to enhance its product line with the development of new audiobooks across various genres intended for release in the coming quarters. Additionally, RBmedia is targeting expansion into new international markets, specifically increasing its presence in Europe and Asia by the end of 2024, to capitalize on the growing demand for audio content worldwide.


Current Investors

Primary Industry

Media

Sub Industries

Digital Media

Website

www.rbmediaglobal.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

RBmedia, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedDreamscape Media, LLC-
Add-on, Corporate Carve OutCompletedBerrett-Koehler’s audiobook publishing business-
Secondary BuyoutCompletedRBmedia, Inc.-
Add-on, Corporate Carve OutCompletedMcGraw Hill LLC's Professional Audiobook Publishing Business-
Add-on, Corporate Carve OutCompletedRBdigital-

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