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 ]
News tagged with:
#association asked
#audiobook integration
#increase profits
#deceiving consumers
#$150 million
#audiobook fusion
#royalty model
#alleged part
#indie artists
#established audiences
#audiobook-free tier
#account page
#picking basic
#basic option
#audiobook
Mayor Eric Adams announced a deal on a $112 billion budget with the City Council on Friday, reversing a small but notable fraction of his unpopular cuts as he looks toward a difficult re-election bid next year.The spending plan for Fiscal Year 2025 also makes some new investments at the urging... Continue reading at Crains New York
[ Crains New York | 2024-06-28 21:14:47 UTC ]
More news stories like this | News stories tagged with:
#public libraries
#libraries
#migrant crisis
#federal aid
#unusual move
#$2 billion
Dive into this comic anthology featuring 29 transgender and nonbinary comic artists sharing their unique coming out journeys. Continue reading at Book Riot
[ Book Riot | 2024-06-05 13:30:00 UTC ]
More news stories like this | News stories tagged with:
#pride month
#anthology
The audiobook market in the United States is steadily growing, the Audio Publishers Association reports, with revenue increasing by 9% to $2 billion in 2023 and 38% of American adults having listened to an audiobook in the last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#audiobook market
#$2 billion
#american adults
#publishers association
#audiobook
Barnes & Noble Education has released preliminary financial results that showed company revenue rising 1.5% in the fiscal year ended April 27, 2024, and net loss falling to $63 million, from $90 million a year ago. Total sales were $1.57 billion. B&NE expects to receive final approval... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#total sales
#barnes
Including a best selling book in Korea and a love story like you’ve never read before. Continue reading at HuffPost
[ HuffPost | 2024-05-23 10:45:08 UTC ]
More news stories like this | News stories tagged with:
#love story
#selling book
AudioFile recommends 10 excellent new audiobooks for spring, including masterful new works from Hanif Abdurraqib, Percival Everett, and more. Whether you’re looking for a memoir told in the author’s own voice or a fascinating novel performed by professional narrators, you’ll find something... Continue reading at The Millions
[ The Millions | 2024-05-21 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#hanif abdurraqib
#percival everett
#ll find
#memoir
The world’s most popular streaming service has expanded into audiobooks, with a suite of services to offer publishers, authors, and agents and with a listening base hungry for audiobook content. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-20 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#audio market
#offer publishers
#audiobook
Free expression nonprofit PEN America held its annual Literary Gala yesterday at the Museum of Natural History in Manhattan. A small group of protesters critical of the organization's response to the humanitarian crisis in Gaza passed out mock programs outside. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-17 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#natural history
#small group
#humanitarian crisis
Welcome to the shiny new version of Best of Book Riot! Who doesn’t love a glow-up? 💔 Nobel Prize-winning author ... Continue reading at Book Riot
[ Book Riot | 2024-05-15 15:31:13 UTC ]
More news stories like this | News stories tagged with:
#prize-winning author
#audiobook
How many of these free audiobook sources have you tried, and which ones are your favorite? Continue reading at Book Riot
[ Book Riot | 2024-05-15 10:00:00 UTC ]
More news stories like this | News stories tagged with:
#audiobook
When is a book not a book? When it is performed by a starry cast of hundreds. Except it has always been more complicated than thatNews this week of a 17% hike in the UK’s audiobook sales might seem like a niche business story, but it raises an existential question. What exactly is an audiobook... Continue reading at The Guardian
[ The Guardian | 2024-05-10 17:25:03 UTC ]
More news stories like this | News stories tagged with:
#audiobook sales
#market dominance
#jk rowling
#sit alongside
#stephen fry
#jim dale
#harry potter
#audiobook
How to prepare for Pride month in the library, both as library workers and library lovers. That, plus this week's book censorship news roundup. Continue reading at Book Riot
[ Book Riot | 2024-05-10 11:30:00 UTC ]
More news stories like this | News stories tagged with:
#library workers
#pride month
#libraries
Which books by AAPI authors are you looking to read in your book clubs this month? Continue reading at Book Riot
[ Book Riot | 2024-05-08 17:00:00 UTC ]
More news stories like this | News stories tagged with:
#book clubs
#book club
Audiobooks are fast becoming ‘a major route to market for consumers of books’, the trade body saysThe number of UK audiobook downloads increased by 17% between 2022 and 2023, according to new data from the Publishers Association (PA).Revenue from audiobooks rose 24% across the same period to... Continue reading at The Guardian
[ The Guardian | 2024-05-07 15:28:43 UTC ]
More news stories like this | News stories tagged with:
#audiobook downloads
#trade body
#publishers association
#audiobook
The key to audiobooks' future in Latin America, some say, is 'localized' dialects — and more enthusiasm from publishers. The post As Bogotá’s Book Fair Closes: Audiobooks and Localization appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-05-02 23:49:50 UTC ]
More news stories like this | News stories tagged with:
#latin america
#book fair
Audible is testing a cheaper subscription tier in Australia that sounds like an answer to Spotify’s audiobook push. Like the more expensive plan, the new Standard membership gives you one free title per month. But, similar to gaming services like PlayStation Plus, you lose access to the books... Continue reading at Engadget
[ Engadget | 2024-05-02 19:13:47 UTC ]
More news stories like this | News stories tagged with:
#lose access
#significantly lower
#lower cost
#full price
#audiobook
The UMG artists’ music returns to the popular platform after a monthslong dispute. Artists from Universal Music Group, which include Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an... Continue reading at Fast Company
[ Fast Company | 2024-05-02 12:22:42 UTC ]
More news stories like this | News stories tagged with:
#path forward
#monetization opportunities
#publishing group
Audio platform Spotify made its first appearance at NewFronts week on Wednesday evening, part of a larger bid from the streaming platform to attract advertising to its growing inventory of digital video. While Spotify remains predominantly a music, podcast and audiobook... Continue reading at AdWeek
[ AdWeek | 2024-05-01 21:11:08 UTC ]
More news stories like this | News stories tagged with:
#video advertising
#wednesday evening
#streaming platform
#digital video
#audiobook service
#audiobook