Spotify said each time a film gets released, the audiobook adaptation of the same witnesses a massive surge in demand, The Wrap reported. The company said that on average, they witnessed a huge 470 percent increase in audiobook consumption during the week following the release of a film or a television adaptation. For instance, there has been Shōgun by James Clavell, two … [Read more...] about Spotify audiobook listening jumps 470% following the release of the film and TV adaptation
Spotify
Spotify introduces its subscriber audiobook system in Canada
Here is an exciting piece of news for bookworms and audiobook enthusiasts. Spotify announced it is introducing an additional perk – 15 hours of monthly audiobook listening at no extra cost to its Premium users in Canada, Ireland, and New Zealand. The plan starts on April 9. Worth mentioning, that the feature so far has been available in the US, UK, and Australia for a few … [Read more...] about Spotify introduces its subscriber audiobook system in Canada
Spotify to Launch ‘Countdown Pages’ for Audiobooks
Image credit: Spotify Recently, Spotify has announced the launch of a new feature called ‘Countdown Pages’ to be launched next month. It will allows Spotify users to pre-save audiobooks before their release date, while publishers and authors can promote their work before the launch. These YouTube-like Countdown Pages were launched alongside other new additions for Spotify’s … [Read more...] about Spotify to Launch ‘Countdown Pages’ for Audiobooks
Spotify’s new audiobook subscription tier raises eyebrows: Is it worth the cost?
In a move to cater to book lovers, Spotify has unveiled a fresh subscription tier promising more listening options. However, as The Verge reported, the offering raises questions about its value proposition, especially considering its price point compared to existing plans. Priced at $9.99 per month, the new tier grants subscribers access to 15 free hours of audiobooks, … [Read more...] about Spotify’s new audiobook subscription tier raises eyebrows: Is it worth the cost?
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
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
Spotify Audiobooks to circumvent Apple
In a strategic move to avoid Apple's contentious fees, Spotify is gearing up to sell audiobooks and subscriptions directly from its iPhone app within the European Union, CNBC reported. Capitalizing on new EU regulations, the music streaming giant plans to guide users from the app to a dedicated page for entering payment details, enabling them to purchase subscriptions and … [Read more...] about Spotify Audiobooks to circumvent Apple
American authors join forces amidst concerns about audiobook royalties on Spotify
Spotify had earlier announced it would allow free 15 hours of listening every month. The incentive was initially provided to its premium subscribers in the UK and Australia in October before it was rolled out in the US in November. However, this hasn't gone down well with the authors who claim they are being deprived of their claim to royalty for the 15 hours of audiobook … [Read more...] about American authors join forces amidst concerns about audiobook royalties on Spotify
Spotify gets special treatment from Google, exempted from paying Play Store fees
In a recent revelation during the Epic v. Google trial, it has come to light that music streaming giant Spotify has forged a distinctive and seemingly favorable deal with Google for Android-based payments. Google's head of global partnerships, Don Harrison, testified that Spotify managed to secure a remarkable 0 percent commission when users opted for subscriptions through … [Read more...] about Spotify gets special treatment from Google, exempted from paying Play Store fees