Premium users in the United Kingdom and Australia can start listening on Wednesday (Oct. 4), while U.S. subscribers will gain access later this year.
David Kaefer, VP, Business Affairs, Spotify, at The Future of Audiobooks Event with Spotify 2023 on Oct. 3, 2023 in New York City.Spotify is giving subscribers in some of the company’s largest markets up to 15 hours of listening time per month to a library of more than 150,000 audiobooks, the company announced Tuesday .
Audiobook access is available to premium individual subscribers as well as the primary account holders for family and Duo accounts . Premium users in the United Kingdom and Australia will start receiving the allotment of audiobook listening tomorrow and U.S. subscribers will gain access later this year. Listeners who need more time at the end of the month can purchase 10 additional hours for an undisclosed amount.
Spotify users can expect to find personalized audiobook recommendations throughout the app. “Our personalized Home feed is certainly one of those and will serve up recommendations based on what you like, as well as some suggestions for your next favorite book; while if you already know what you want, then you can just type it into Search,” said. “Then with Browse you’ll find some of our editorial booklists, where we will help you explore the huge catalog available.
Audiobooks are part of Spotify’s plan to improve its margins and expand beyond its origins as a music-only platform. The company has placed major bets on podcasts, spending handsomely to acquire exclusive rights toacquisition of audiobook distributor Findaway — the titles have not been available for streaming. Instead, users have been required to purchase the titles in order to listen to them on the Spotify app. While subscribers can now start streaming audiobooks, those titles will still be available for purchase on the platform.
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