Spotify has a new plan for US subscribers that keeps you on the old $11 monthly pricing — as long as you don’t mind ditching audiobooks. The new Basic tier includes the music and podcast content you get from Premium but without 15 hours of audiobook access, a recently added feature we suspect many subscribers don’t care about anyway. Spotify said earlier this month it would hike Premium prices to $12 per month, beginning in July. The Basic plan echoes one it rolled out in the UK last month. That one costs £11 per month compared to £12 for Premium with audiobook content. Some have suspected Spotify’s audiobook push has nefarious motives. Earlier this month, the National Music Publishers’ Association asked the Federal Trade Commission to investigate the move, going as far as calling the company’s audiobook integration “a scheme to increase profits by deceiving consumers and cheating the music royalty system.” The NMPA complaint claims Spotify will pay about $150 million less in music royalties over the next year because of its audiobook fusion. Spotify told Engadget it did nothing wrong and rejected the accusations. Spotify has been penny-pinching in other areas. It was reported last year that the company planned to overhaul its royalty model. One alleged part of that plan was to demonetize tracks earning less than five cents per month, pushing out some indie artists without established audiences. Spotify also laid off around 9,000 employees late last year, citing “the gap... Continue reading at 'Engadget'
[ Engadget | 2024-06-21 18:36:40 UTC ]
Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
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Paul McCartney will narrate the audiobook edition of his upcoming picture book, Hey Grandude! (Puffin), which is inspired by his experiences of being a grandfather. Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 02:57:43 UTC ]
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A reader comes to terms with the role audiobooks play in her ability to be more mindful for the sake of her mental health, and considers reading life solutions. Continue reading at Book Riot
[ Book Riot | 2019-07-01 10:41:46 UTC ]
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Sweden’s Bonnier has announced a sweeping expansion in Europe of its BookBeat digital service, multiplying by seven times its former reach in terms of markets for audiobooks and ebooks. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Service Has More Than 50,000 Audiobooks and Ebooks he... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-06-24 12:55:40 UTC ]
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Audiobook streaming service BookBeat has launched in 24 new European markets, making the service available in 28 countries overall. Continue reading at The Bookseller
[ The Bookseller | 2019-06-24 12:31:26 UTC ]
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A little under two years after its five-season run ended on BBC America, Orphan Black is returning with a bang, and probably loads more sound effects. Fiction publishing startup Serial Box is reviving the beloved sci-fi show this summer as a ten-epis... Continue reading at Engadget
[ Engadget | 2019-06-13 22:51:00 UTC ]
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Angelica Gonzalez used to read about a book a year. Then she discovered the Libby app, which allows anyone with a Los Angeles Public Library card to borrow e-books, audiobooks and other electronic media — for free. Now Gonzalez regularly checks out titles and transfers them to her Kindle.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-12 10:00:00 UTC ]
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Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash Continue reading at ABC News
[ ABC News | 2018-11-10 00:00:00 UTC ]
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Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company's efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer is Thai businessman Chatchaval Jiaravanon, an owner of the Charoen Pokphand Group conglomerate,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-09 00:00:00 UTC ]
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Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company’s efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-11-09 00:00:00 UTC ]
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Glam Media, a lifestyle and fashion blog network, has acquired Ning, a platform for building social media communities. Terms of the deal were not disclosed, but reports are putting the price in the $150 million to $200 million range and mostly in stock. Continue reading at Folio Magazine
[ Folio Magazine | 2011-09-21 00:00:00 UTC ]
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