M4B refers to mp4 or m4a files that contain audiobooks, radio plays or podcasts.
iTunes and Apple's iPod have made this format popular. Your M4B files are encoded exclusively in either the lossy AAC or the lossless Apple Lossless.
The peculiarity of M4B over m4a is that the files allow bookmarks to be set so that the listener can return exactly to a previously defined point.
In general, however, M4B files can also contain audio data encoded with other compression methods. However, this is rare.
The contents of the file may also be protected by DRM (Digital Rights Management). Then you need a corresponding, possibly paid license to view the content.
Most audio players can play this format. Whether they support the possibility of bookmarks varies from case to case.
MP3 and MP4 hardware player only in exceptional cases.
Most often resolving problems with opening M4B files is very simple. Just install an appropriate program that supports such files. All of the listed programs support M4B files, but may vary in offered function and purpose. Some programs may be capable only of viewing contents of M4B files or offer file conversion options, but may not be capable of editing such files.
It is possible that although a compatible program has been installed on user’s system, it is not used by the system to open it. This may happen because no default application was associated with this type of files. To associate M4B files with given application, select "Open with" from drop-down menu (accessed by right-clicking on the file). Then select from the list the program or application you want to be used to open this type of file. If the iTunes applications is not on the list, select "Browse" option in order to manually locate the directory where iTunes has been installed.
Sometimes problems with opening M4B files may not lie with the application itself, but can arise due to other causes, such as: