Spotify launches audiobook business with 300,000 titles and à la carte pricing

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What simply occurred? After conquering streaming music and shaking up the podcasting scene, Spotify is popping its consideration to audiobooks. On Tuesday, the Swedish audio behemoth introduced that listeners within the US can now buy and take heed to greater than 300,000 titles. Audiobooks are launching with a brand new consumer interface geared particularly for the medium that was designed to sit down alongside music and podcasts with out making the platform really feel crowded.

Books will present up in search and curated suggestions with a lock icon on the play button which means they should be purchased to be able to take heed to.

Purchased titles can be saved in your library and out there to take heed to at your leisure. Books may also be downloaded for offline listening, and the bookmarking function will robotically save your house so you’ll be able to choose up the place you left off. Spotify has moreover baked in quite a lot of playback choices to hurry up or decelerate the tempo, and a ranking system will can help you share your opinion after listening to a ebook.

Spotify is positioning audiobooks as a separate division, which means there isn’t a low cost for premium (paying) subscribers – a minimum of, not at launch. That varies from rivals like Amazon which provide Audible perks for Prime subscribers.

Nir Zicherman, Spotify VP and head of audiobooks and gated content material, acknowledged that audiobooks signify not more than a seven % share of the broader ebook market. That mentioned, the class is rising by 20 % 12 months over 12 months so there is definitely potential within the enterprise.

Zicherman mentioned they’re particularly enthusiastic about introducing audiobooks to an viewers who could by no means have tried them in any other case. And actually, that is most likely their greatest alternative for development. Not providing a reduction to premium subscribers appears like a mistake, and I’d be keen to guess Spotify might land extra newcomers in the event that they supplied a free ebook to let customers check out the service.

Spotify will use the information it beneficial properties from the US debut to assist plan for launches in extra markets and information new function rollouts.

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