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October 23, 2024By Michael Cader

Story Confirms That Spotify Is Paying Real Money to Publishers

October 23, 2024By Michael Cader

Since Spotify started offering US premium subscribers 15 hours of audiobook listening a month at no extra cost nearly a year ago, we know the company has been putting real money into the hands of publishers and authors, marking one of the few initiatives in our world from a big tech player that actually seems to have grown the market. (When Spotify launched a regular, a la carte audiobook sales program the year before, the impact was minor at best.) Digital audio had been growing a lovely 12 to 15 percent a year by industry statistics and through the first […]

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Filed Under: Audio, Industry Statistics

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