Audiobook sales have been the fastest-growing segment in digital publishing for the past five years. In 2023, audiobook sales were up 14.9%, reaching $864.0 million in revenue. However, 2024 is set to be a banner year, as the first ten months of 2024 generated $883.4 million in revenue. The global audiobook market is set to grow to $35.05 billion by 2030. Audiobooks are … [Read more...] about Audiobook Sales are Soaring in 2024 – Audiobook Statistics
spotify audiobooks
Spotify Announces Top Audiobooks of the Year
Spotify Unwrapped is one of the most popular ways to discover new music and artists. However, this year, they are applying it to audiobooks too. When it comes to audiobooks, there is a lot to celebrate from 2024: Spotify expanded their offering to more markets and launched Spotify for Authors, a powerful new platform for authors and publishers, and now—for the first … [Read more...] about Spotify Announces Top Audiobooks of the Year
Spotify for Authors gives Insights and Analytics on Audiobooks
Spotify for Authors is a new system that provides publishers and authors with insights and analytics to help them better understand their audiences and catalogue consumption on Spotify. The platform also offers promotional tools to help publishers enhance their presence on Spotify and expand their listener bases. Spotify for Authors replaces Spotify for Artists and Spotify for … [Read more...] about Spotify for Authors gives Insights and Analytics on Audiobooks
Spotify is selling audiobooks in Canada
Spotify started selling audiobooks late last year. Customers buy them from the Spotify website, and they appear in your library and can be listened to on all their apps and smart speakers. They currently have a catalogue of over 350,000 titles, which is growing. Spotify has announced that its audiobook service is now available in Canada in English and French. Audiobooks, … [Read more...] about Spotify is selling audiobooks in Canada
Spotify has the right audience to make audiobooks work
Spotify is getting involved in the audiobook space and is in negotiations with Scribd to power most of their catalog. Obviously Spotify is not putting all of their eggs in one basket and has just signed a small deal with Bloomsbury for a bunch of smaller audiobooks that document making albums including Bruce Springsteen’s “Born in the USA.” Bloomsbury is best known for … [Read more...] about Spotify has the right audience to make audiobooks work