Similar Stories to Spotify Expands Audiobooks To Europe, Investing Millions In Publisher Growth on Bing News

As Spotify expands its audiobook offering to four new, non-English markets, the company states it paid hundreds of millions on an annualized basis to audiobook publishers. In the past few months, it has also increased the number of titles available to premium members from 150,000 to 300,000. The figures show that the platform’s entry into the audiobook market is contributing to major growth for audiobook publishers overall.

Topics:  ceo   daniel ek   it s   audiobooks   spotify premium   spotify   millions   publisher   growth   paid   authors   hundreds   
BING NEWS:
  • Spotify paying audiobook publishers hundreds of millions annually
    Spotify is paying hundreds of millions on an annualized basis to audiobook publishers, according to internal figures obtained by Axios. The company has also doubled the number of titles available to ...
    10/15/2024 - 4:58 am | View Link
  • Spotify Expands Audiobooks to France and the Benelux Countries
    Spotify has expanded its audiobook service to four new non-English speaking markets: France, Netherlands, Belgium, and Luxembourg. The localized catalog includes 15,000 titles in French and 15,000 in ...
    10/15/2024 - 2:16 am | View Link
  • Spotify’s AI playlist feature rolls out to the US and more markets
    According to Spotify, the AI feature has been successful in the U.K. and Australia, with subscribers creating “millions of playlists that they keep coming back to,” the company wrote in today ...
    09/24/2024 - 2:45 am | View Link
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