Spotify is making a major push into the audiobook sector, adding more than 150,000 titles to its premium subscription plans. The streaming company announced details at an event at its New York head…
Netflix Exec Shuffle: Jeremi Gorman Exits As Ad Chief, With Amy Reinhard Promoted To Replace Her; New Heads Of Product And Technology Also Named‘May December’ Writer Samy Burch Finally Boards Promo Train Post-Strike At New York Film Festival; Director Todd Haynes Says Her Presence Counters “Grief Of Not Having Actors”“This is a big step in the evolution of Spotify,” Ek said. Recalling the founding of the company in 2006, he added, “the world looked very different than it does now.
Ther audiobooks effort will give Spotify Premium subscribers access to 15 hours of audiobook listening each month, with additional 10-hour re-ups available for stand-alone purchase. Audiobooks can be downloaded for offline listening, with features enabling automatic bookmarking and ways to track monthly listening.
As with the music and podcast sectors, audiobooks “has one big, dominant player,” Ek said, alluding to Amazon. The introduction of audiobooks “gives great flexibility to our business, which will help revenue and then profit,” Ek said.The event in New York was also to include an author panel discussion and musical performances by Joy Oladokun and Alicia Keys.Teatro della Pace Films Buys Saul Zaentz Film Library, Including 3 Best Picture WinnersRobin Williams' Daughter Zelda On AI Being Used To Re-create Actor's Voice: "I Find It Personally Disturbing".
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