Spotify swings to loss as it adds 200,000 audiobooks to paid service

Job cuts add to costs for streaming service but it gains 10m premium subscribers in fourth quarterSpotify’s push beyond music has tipped the streaming service into the red again, after it acquired the rights to 200,000 audiobooks for premium subscribers, with Prince Harry’s autobiography and comedian David Mitchell’s Unruly proving to be among the most popular with listeners.The world’s biggest music streaming service, which has been offering 15 hours of free audiobook listening a month to premium subscribers in the UK, Australia and the US since October, said related start-up costs contributed to a €75m (£64m) operating loss in the fourth quarter. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-02-06 15:45:35 UTC ]
News tagged with: #costs contributed #spotify swings #paid service #streaming service #fourth quarterspotify #premium subscribers #prince harry #unruly proving #related start- #fourth quarter #audiobook

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Spotify swings to loss as it adds 200,000 audiobooks to paid service

Job cuts add to costs for streaming service but it gains 10m premium subscribers in fourth quarterSpotify’s push beyond music has tipped the streaming service into the red again, after it acquired the rights to 200,000 audiobooks for premium subscribers, with Prince Harry’s autobiography and... Continue reading at The Guardian

[ The Guardian | 2024-02-06 15:45:35 UTC ]
More news stories like this | News stories tagged with: #audiobook #fourth quarter #prince harry #premium subscribers #streaming service


Spotify Adds 1,000 Audiobooks from 100 Publishers Distributed by Ingram

Spotify will now offer more than 1,000 audiobooks from some 100 publishers distributed by Ingram Content Group, including Europa Editions, Milkweed Editions, G&D Media, Bard Press, and New Society Publishers, among others. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #milkweed editions


Scribd adds 30,000 audiobooks to its subscription service

Scribd's ebook subscription service seems to be making some inroads on Amazon's turf, and now the company is looking to take a swipe at Audible's lunch. From today, subscribers will be able to access a library of 30,000 audiobook titles that include... Continue reading at Engadget

[ Engadget | 2014-11-07 00:00:00 UTC ]
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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 ]
More news stories like this | News stories tagged with: #audiobook #trade magazine #audiobook listening


Spotify’s Streaming Audiobook Service Launches in the U.S.

A little over a month after launching in the U.K. and Australia, Spotify's new streaming audiobook service is now available the U.S., meaning that tens of millions of Spotify premium subscribers now have access to a catalog of more than 200,000 audiobook titles—including titles from all the Big... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook


Scribd Adds 30,000 Audiobooks

The popularity of the digital subscription model continues to grow with the announcement that ebook subscription service Scribd will now offer unlimited access to more than 30,000 audiobooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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Spotify Audiobooks Partners with Norton for Richard Powers Audiobook

Spotify Audiobooks has partnered with W. W. Norton to produce and release the audiobook of Richard Powers' new novel 'Playground,' to be published in September 24. Spotify Audiobooks has been producing 10-15 titles monthly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook #richard powers


Spotify Expands Audiobooks to France and the Benelux Countries

Spotify has expanded its audiobook service to four new non-English speaking markets: France, Netherlands, Belgium, and Luxembourg. The localized catalog includes 15,000 titles in French and 15,000 in Dutch and Flemish. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook #audiobook service


Spotify’s new audiobook bundle may reduce music royalties and shortchange authors | Millicent Weber for the Conversation

Music artists say the bundle is ‘cheating’ the royalties system while authors have concerns about how streaming will affect how they’re paid and rights over their workAudio streaming giant Spotify, one of the world’s largest audio platforms, entered the audiobook market last October, offering... Continue reading at The Guardian

[ The Guardian | 2024-07-02 03:23:25 UTC ]
More news stories like this | News stories tagged with: #audiobook #free morning #guardian australia #deceiving consumers #increase profits #audiobook market


Spotify’s Basic plan returns to $11 a month by cutting audiobooks

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... Continue reading at Engadget

[ Engadget | 2024-06-21 18:36:40 UTC ]
More news stories like this | News stories tagged with: #audiobook #royalty model #$150 million #deceiving consumers #increase profits


Survey Finds Spotify Audiobooks Popular, but Compensation Questions Remain

As part of its efforts to force Spotify to be more transparent about how it pays authors, the Coalition of Concerned Creators commissioned a survey to discover how audiobook listeners felt about the service. It found mixed results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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Bonnier Books UK Joins Spotify’s Audiobooks Offer

Spotify's Duncan Bruce says that 14 of the Top 50 'Audiobooks in Premium' titles were released before 2020, as Bonnier Books UK signs up. The post Bonnier Books UK Joins Spotify’s Audiobooks Offer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-21 14:50:14 UTC ]
More news stories like this | News stories tagged with: #bonnier


Spotify Audiobooks Draw Younger Listeners, Get Bump from TV Adaptations

According to data released by Spotify, users aged 18-34 make up 57% of the platform's audiobook listeners, while television adaptations such as 'Shōgun' and 'The Talented Mr. Ripley' have prompted a surge in demand for specific titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook #specific titles #talented mr #audiobook listeners #data released


Spotify Expands Its Premium Audiobooks Offer: Canada, Ireland, New Zealand

As Bologna Book Plus prepares to stage its first Audio Forum, Spotify's audiobook catalogue jumps from 200,000 t0 250,000 titles. The post Spotify Expands Its Premium Audiobooks Offer: Canada, Ireland, New Zealand appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-02 20:34:05 UTC ]
More news stories like this | News stories tagged with: #bologna book #audiobook #audio forum


Spotify's subscriber audiobook credit is coming to Canada and other countries next week

Spotify Premium users in Canada, Ireland and New Zealand will have access to 15 hours of monthly audiobook listening at no extra cost starting on April 9. Subscribers in the US, UK and Australia have had access to this perk for several months. The Premium audiobook catalog now includes more than... Continue reading at Engadget

[ Engadget | 2024-04-02 18:24:44 UTC ]
More news stories like this | News stories tagged with: #audiobook #audiobook credit #15-hour limit #subscription plan


Spotify Already Messing Around With Audiobook Pricing

Spotify's... interesting pricing plans, it "It" books of March, and more of the day's bookish news: Continue reading at Book Riot

[ Book Riot | 2024-03-01 21:43:16 UTC ]
More news stories like this | News stories tagged with: #audiobook #bookish news


Spotify rolls out an audiobook-only subscription

Spotify has added another subscription option. This time around, it's offering a plan that has little to do with music. The Audiobooks Access Tier (which is US-only for now) offers 15 hours of audiobook listening each month for $10. You'll have access to Spotify's library of more than 200,000... Continue reading at Engadget

[ Engadget | 2024-03-01 18:08:29 UTC ]
More news stories like this | News stories tagged with: #audiobook #extra cost #premium subscribers #audiobook credit #audiobook listening


Spotify Launches $9.99 Audiobook Subscription Tier

Spotify has added a new option that gives users 15 hours to listen to audiobooks for $9.99—a dollar less than a Premium subscription, which offers the same 15 hours per month, plus ad-free music, for $10.99. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-01 05:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook


Audiobooks Are Booming. Spotify Wants in on the Action.

There are early signs that Spotify’s addition of audiobooks to its streaming service is helping drive audiobook consumption — already a growing market. Continue reading at The New York Times

[ The New York Times | 2024-01-29 17:00:09 UTC ]
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Best Ebook Subscription and Audiobook Services (2023)

You can read countless ebooks, listen to audiobooks, and browse comics with one of these WIRED-tested digital reading subscriptions. Continue reading at Wired

[ Wired | 2023-12-02 14:00:00 UTC ]
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