The audiobook growth momentum continues unabated in the United States, with the segment reporting a 9 percent growth in revenue in 2023. This comes to 2 billion USD in value terms, the Audio Publishers Association revealed citing data from its annual sales survey. As PublishersWeekly reported, the survey has been conducted by Toluna Harris Interactive and is based on data drawn … [Read more...] about Audiobooks Recorded 9% Growth in 2023, $2 Billion in Sales
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UK Audiobook Segment Records 24% Revenue Growth Last Year
Audiobook downloads in the UK between 2022 and 2023 have increased by 17 percent, The Guardian reported citing data from the Publishers Association. The total number of audiobooks downloaded during the period has jumped from 50 million to 59 million during the period. This has contributed to a 24 percent growth in revenue to £206m in 2023. Total publishing revenue in 2023 made … [Read more...] about UK Audiobook Segment Records 24% Revenue Growth Last Year
Audiobooks – Here is how and where it stands
Audiobooks along with other aural forms of digital media such as podcasts or online radio have been making steady inroads in our lives of late. If you need quantitative proof of the trend, here it is. The 2024 Infinite Dial Report for Edison Research has revealed that the percentage of Americans listening to audiobooks has reached an all-time high. The report reveals that more … [Read more...] about Audiobooks – Here is how and where it stands
Spotify emerges second largest audiobook player, profitability takes a hit
In a recent revelation during its Q4 2023 earnings call, Spotify announced its ascent as the second-largest provider of audiobooks, The Guardian reported. This makes it trail behind Amazon's Audible despite operating in the red. The streaming giant also offered insights into the evolving landscape of audiobook consumption, highlighting a shift in listener preferences and … [Read more...] about Spotify emerges second largest audiobook player, profitability takes a hit
Bookwire Acquires Bookrepublic’s Distribution Business
The Frankfurt-based Bookwire has acquired Marco Ferrario’s Bookrepublic‘s distribution service based in Italy. Since its inception in 2010, Bookwire’s expansion has moved beyond Germany to Mexico, Brazil, France, Spain, the United Kingdom, and the United States. It’s originally an eBook distributor. But today, Bookwire also produces and distributes audiobooks. It also avails … [Read more...] about Bookwire Acquires Bookrepublic’s Distribution Business
Spotify Pays ‘Tens of Millions’ to Audiobooks Publishers
Spotify has paid audiobook publishers “tens of millions” since launching audiobooks in premium in the UK, Australia, and the US last year, with Britney Spears’ memoir The Woman in Me (Gallery UK) the most listened to on the platform. A spokesperson for the Swedish tech giant said users have listened to more than 90,000 individual titles from the platform’s catalogue of more … [Read more...] about Spotify Pays ‘Tens of Millions’ to Audiobooks Publishers
Spotify’s audiobook leap raises concerns for Audible CEO
Amazon's Audible is feeling the heat as Spotify, the music streaming giant, takes a giant leap into the ever-expanding world of audiobooks. The concerns were unveiled during an internal all-hands meeting this week, where Audible CEO Bob Carrigan addressed employee inquiries about the company's focus on competition rather than customer needs, according to a recording obtained by … [Read more...] about Spotify’s audiobook leap raises concerns for Audible CEO
Dosdoce report unveils robust growth in Spanish-language audio markets
Bilbao-based Dosdoce digital publishing consultancy has released its second edition of the "Map of the Spanish Audio Industry" report, providing a comprehensive overview of the Spanish-language audio markets. The research, conducted between October and December 2023, reveals a remarkable surge, with the audio industry nearly doubling in size, experiencing a staggering 75 … [Read more...] about Dosdoce report unveils robust growth in Spanish-language audio markets
Audiobook “Prima Facie” Narrated by Jodie Comer
Jodie Comer, the Emmy-winning star from "Killing Eve," will read the audiobook for "Prima Facie." It's coming out on January 30, and you can also get the book in hardcover or e-book. The audiobook is coming out from Macmillan Audio. "Prima Facie" hit Broadway on April 23, 2023, at the John Golden Theatre. It is about Tessa Ensler, who is a lawyer who helps men accused of … [Read more...] about Audiobook “Prima Facie” Narrated by Jodie Comer
Blackstone Publishing to Launch Blackstone Unlimited
Exciting news from Blackstone Publishing! They introduced Blackstone Unlimited, a cool platform that changes how libraries get audiobooks. It has the biggest collection of audiobooks for both grown-ups and kids, with over 6,500 titles. And they promise to keep adding more! In today's busy life, people find audiobooks very easy. Compared to traditional books, audiobooks are … [Read more...] about Blackstone Publishing to Launch Blackstone Unlimited