Spotify launches audiobook store with some 300,000 titles – Daily Press
The booming audiobook market has a major new retailer: Spotify.
On Tuesday, the music streaming service announced its long-running audiobook initiative, launching a store that features more than 300,000 titles, including popular works such as Delia Owens’ “Where the Crawdads Sing,” “Becoming ” by Michelle Obama and “It It” by Colleen Hoover. Ends with us. Spotify has previously offered audiobooks on a limited basis, including JK Rowling’s “Harry Potter and the Sorcerer’s Stone” and public domain novels such as Mary Shelley’s “Frankenstein” and Jane Austen’s “Persuasion.”
“We’ve always believed that the potential of audio is limitless, and we’ve been saying for a while now that our ambition is to be the complete package for everyone’s listening needs,” said Nir Zicherman, vice president of Spotify and Global Head of Audiobooks and Gated. Content, said Tuesday.
“Audiobooks are the next to enter the scene as we see a substantial untapped market: while audiobooks only represent a 6-7% share of the broader book market, the category is growing by 20% by year after year.”
Other works available include “The Storyteller” by Dave Grohl, “Deacon King Kong” by James McBride and “People We Meet On Vacation” by Emily Henry.
At least initially, Spotify will sell audiobooks individually, not by subscription, at “competitive” prices with other sellers. According to a Spotify spokesperson, “After evaluating user testing and research, we found that the best initial offer would allow users to purchase books individually,” a policy that “allows flexibility in pricing and more casual listeners to easily access audiobooks”.