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Spotify Offers Free Audiobook Listening to Premium Subscribers in the UK and Australia

Spotify Technology SA, the popular music streaming service, is expanding its presence in the audiobook market by offering 15 free hours of audiobook listening per month to its premium subscribers in the UK and Australia. This move follows a previous report by Bloomberg News and will be implemented starting from Tuesday. Subscribers in the US will receive this benefit during the winter.

Spotify’s audiobook offering includes more than 150,000 titles from five major book publishers. To further enhance their audiobook experience, users can also purchase an additional 10 hours for $11 a month in the US, or ┬ú10 in the UK. However, only the main account holder of family plans will receive the included hours. Free users, on the other hand, will have the option to purchase individual audiobook titles separately.

Compared to its main competitor, Amazon.com Inc.’s Audible, Spotify claims to offer a wider selection, including over 70% of the best-selling audiobooks. Audible charges $15 per month and provides one bestseller or new release per month, along with a selection of additional titles and podcasts.

In its pursuit of becoming the go-to platform for all things audio, Spotify acquired Findaway, an audiobook distributor, last year. Shortly after the acquisition, the company started selling audiobooks on its app, solidifying its dedication to the audiobook market.

Gustav S├Âderstr├Âm, Spotify’s co-president, declared, “ItÔÇÖs SpotifyÔÇÖs ambition to be the destination for all things audio, both for listeners and creators,” highlighting the company’s long-term goals.

Unfortunately, Spotify has been unable to sell individual audiobooks through Apple Inc., as the two companies have had a disagreement.

As a final note, it’s worth mentioning that Spotify now has a presence on WhatsApp Channels. Followers can join the HT Tech channel on WhatsApp to receive the latest technology updates. To join now, click here!

How the AI legalese decoder Can Help

The introduction of the AI legalese decoder can greatly benefit Spotify and its expansion into the audiobook market. With the increasing demand for audiobooks, a legal AI tool like the legalese decoder can ensure that Spotify’s agreements and contracts with book publishers are accurately deciphered and understood. This AI-powered solution can save time and effort by swiftly analyzing complex legal language and providing clear interpretations. By leveraging the AI legalese decoder, Spotify can navigate potential disagreements and negotiate more effectively, ensuring smoother partnerships and agreements in the competitive audiobook industry.

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