Libro.fm is an audiobook app that splits its profits with an independent bookstore of the customer's choosing.
[1] In 2022, the company's publicity director Albee Romero told The Orange County Register that half of all profits go to the selected independent bookshop.
[2] It has created apps for Android, iPhone, and Apple Watch and is free of digital rights management, meaning all books can be downloaded on other devices without restrictions.
[5] In 2014, Libro.fm was co-founded by Mark Pearson (CEO), Carl Hartung (CTO), and Nick Johnson (creative director).
[6] In 2023, Libro.fm expanded into the UK, Australia, and New Zealand[5] and began to accept payments in EUR, AUD, GBP and NZD.