KKR acquired RBmedia, a leading digital audiobook and related spoken content producer, from Shamrock Capital. Financial details of the transaction were not disclosed. "The proliferation of mobile devices and voice-enabled ecosystems has created an always-on consumer who increasingly seeks out new content to enjoy," said Richard Sarnoff, Chairman of Media, Entertainment, and Education for KKR. "This trend has made audiobooks the most growthful segment of the publishing industry. RBmedia is very well positioned to capitalize on these dynamics with the industry's largest independent catalogue of premier audio content that can be flexibly delivered across platforms, worldwide."