David Kaefer News Today

Spotify users should brace themselves for a new reality.

Audiobooks have become a lucrative format for publishers. Digital audio grew more than 500% between 2013 and 2022, reaching $839 million in revenue, according to the Association of American Publishers. For certain genres, like self-help and celebrity memoirs, audio sales can match or exceed print sales.

Streaming giant now offers premium users in UK choice of more than 200,000 audiobooks in monthly subscription

The industry body says the music giant’s move to make more than 150,000 titles available has not been discussed with authors and may compete with sales

Spotify has unveiled it will be adding 150,000 audiobooks to its catalog of audiobooks available to its Premium subscription service.

US to get the new Spotify Premium incentive later

A senior Spotify exec speaks with T3 about its HiFi Lossless plans

Spotify today unveiled what's next for the future of its audiobooks service. At an event hosted in its New York offices on Tuesday afternoon, the company

A year after adding à la carte sales of audiobooks, Spotify is offering paying subscribers 15 hours of books a month.

At an event hosted in its New York offices on Tuesday afternoon, the company announced a new business model where it will now provide Spotify Premium subscribers with access to a subset of its audiobooks catalog -- a total of 150,000 titles -- without an additional charge. "And just like in music and podcasting, we're really excited to be able to bring all the amazing tools that we built for creators and consumers alike to enable more discovery of these amazing audiobooks to the entir...