09:56:33 EDT Sun 19 May 2024
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Legible Inc
Symbol READ
Shares Issued 133,373,250
Close 2024-03-14 C$ 0.11
Market Cap C$ 14,671,058
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Legible rolls out in-car books with Google built-in

2024-03-15 10:59 ET - News Release

Mr. Kaleeg Hainsworth reports

LEGIBLE LAUNCHES IN MILLIONS OF CARS WITH GOOGLE BUILT-IN

Legible Inc. is delivering its content into the dashboards of leading automakers that offer cars with Google built-in, including Ford, General Motors, Volvo, Honda, Nissan, Renault and Polestar, among others.

This strategic move further solidifies Legible's position of becoming the dominant e-book/audiobook app in the automotive market by delivering vehicle entertainment options to Legible Unbound members globally. With Legible available with Google built-in directly in the dashboards of millions of vehicles, customers can seamlessly enjoy a vast selection of audiobooks and e-books while on the road in their car, on their phones in Legible's app or in their browser on their computers, synching across all platforms and accordingly enhancing their literary experiences.

Preinstalled and available at customers' fingertips, drivers and passengers can now access Legible's extensive catalogue directly through the dashboard interface and rear seat screens, ensuring safe, convenient individual listening and reading experiences for everyone in the car.

According to Nova One Advisor, the global automotive infotainment market size was estimated at $14.99-billion (U.S.) in 2023 and is projected to hit around $38.88-billion (U.S.) by 2033, growing at a compound annual growth rate (CAGR) of 10 per cent during the forecast period of 2024 to 2033.

"Legible is thrilled to see our app now being available to millions of drivers and passengers globally through our launch in cars with Google built-in," commented Kaleeg Hainsworth, chief executive officer of Legible. "With our innovative platform, we aim to make the in-car experience more enriching and enjoyable, allowing users to dive into captivating content while on the go and positioning Legible as the preferred choice for auto users."

Legible's monthly membership service, Legible Unbound, provides unlimited audiobook and e-book access from any connected device. Now, by delivering this service directly to vehicles with Google built-in, Legible expands across all device platforms and provides seamless access from car to mobile device to desktop to tablet, and in both written and audio formats.

Legible's entry into the services delivered with Google built-in marks a significant milestone in Legible's mission to expand how people consume literary content in various contexts, including during their daily commutes. Leveraging advanced technology and strategic partnerships with leading automakers, Legible is establishing a better preferred platform for in-car infotainment by enhancing the overall driving experience.

Key takeaways:

  • Legible announces its launch in cars with Google built-in, offering access to a vast, multilingual library of content for drivers and passengers.
  • Instant dashboard delivery for vehicles from leading automakers including Ford, General Motors, Volvo, Honda, Nissan, Renault, Polestar, with Porsche coming later, puts Legible's app in millions of vehicles worldwide.
  • Legible aims to enhance the in-car experience by providing safe and convenient access to captivating reading material.
  • This additional step in Legible's entry into the automotive market marks a significant step in broadening users' ability to use the app while driving or riding in a vehicle.

About Legible Inc.

Legible is a groundbreaking, mobile-centric global company, specializing in e-books and audiobook entertainment, boasting a market opportunity exceeding billions of dollars. Legible's extensive partnerships encompass four of the big five publishers, the world's largest e-book distributor, and a wide range of outstanding and innovative publishers of all sizes, enabling it to seamlessly deliver millions of multilingual e-books and audiobooks, effectively transforming any smart device into a dynamic library and e-bookstore. Legible's publishing division is revolutionizing the industry by crafting proprietary artificial-intelligence- and multimedia-enriched books, setting new standards in literary engagement, and has created the world's first LibrarianAI to offer personalized book recommendations. Legible is at the forefront of reshaping the digital publishing landscape, committed to gaining a significant market share by providing innovative 21st century publishing solutions and enriching global reading experiences.

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