Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

The streaming company says its payout model is competitive, but the Society of Authors has raised doubts about whether authors ultimately benefit Spotify has said that it has paid audiobook publishers “tens of millions” since allowing users 15 hours of audiobook listening in its Premium subscription package last autumn.The company said that the figure, reported by trade magazine the Bookseller, is “100% royalties” and that it expects to “continue growing” royalty payouts in future. It would not give a more precise amount for payouts made so far, but said that the “tens of millions” figure applies in both pounds and dollars. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-02-01 16:08:34 UTC ]
News tagged with: #streaming company #100% royalties #spotify claims #payout model #raised doubts #audiobook listening #trade magazine #precise amount #payouts made #audiobook

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Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

The streaming company says its payout model is competitive, but the Society of Authors has raised doubts about whether authors ultimately benefit Spotify has said that it has paid audiobook publishers “tens of millions” since allowing users 15 hours of audiobook listening in its Premium... Continue reading at The Guardian

[ The Guardian | 2024-02-01 16:08:34 UTC ]
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Spotify agrees to pay millions for unmatched royalties

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[ Engadget | 2016-03-18 00:00:00 UTC ]
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Newsonomics: Could a Small Google Tech Change Mean Tens of Millions to News Publishers?

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[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
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Survey Finds Spotify Audiobooks Popular, but Compensation Questions Remain

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[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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UK audiobook downloads up 17% last year, Publishers Association data shows

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[ The Guardian | 2024-05-07 15:28:43 UTC ]
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Spotify Audiobooks Draw Younger Listeners, Get Bump from TV Adaptations

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[ Publishers Weekly | 2024-04-19 04:00:00 UTC ]
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[ Publishing Perspectives | 2024-04-02 20:34:05 UTC ]
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[ Publishing Perspectives | 2024-04-02 13:37:26 UTC ]
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Spotify Already Messing Around With Audiobook Pricing

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[ Book Riot | 2024-03-01 21:43:16 UTC ]
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Spotify rolls out an audiobook-only subscription

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[ Engadget | 2024-03-01 18:08:29 UTC ]
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[ Publishers Weekly | 2024-03-01 05:00:00 UTC ]
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Audiobooks Are Booming. Spotify Wants in on the Action.

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[ The New York Times | 2024-01-29 17:00:09 UTC ]
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[ Publishers Weekly | 2024-01-29 05:00:00 UTC ]
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Spotify subscribers in the US now get 15 hours of audiobooks every month

In addition to music and podcasts, Spotify has recently been working to cement its presence in the audiobook space. Today, the company announced Premium users in the US will be able to stream 15 hours of free audiobook content monthly as a part of their subscription.... Continue reading at Engadget

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