Get the latest tech news
Spotify now the No. 2 audiobook provider, behind Audible, hints at Daylist inspired-suggestions to come
Late last year, Spotify began offering 15 hours of monthly audiobook listening to its Premium subscribers in select markets, including the U.S. Now the
Late last year, Spotify began offering 15 hours of monthly audiobook listening to its Premium subscribers in select markets, including the U.S. Now the company says the new service is the second-largest audiobook provider behind Amazon-owned Audible — something Spotify CEO Daniel Ek said was notable “given how entrenched the legacy players are.” During its Q4 2023 earnings call with investors, the comapny also offered a glimpse into how audiobooks are being consumed by Spotify customers, including by sharing insights that indicate the books are reaching a different set of listeners than on Audible or other platforms. Still, the streamer stopped short of offering details as to how the addition of audiobooks was adding to its bottom line, saying it was too early to say as of yet. One tease of what’s to come for the format was hinted at in a question about Spotify’s popular Daylist, a personalized audio playlist that tries to predict your mood at various points throughout the day.
Or read this on TechCrunch