Spotify plans to raise prices later this year in the US to help cover the cost of the 15 hours of audiobooks per month that they added last year, Bloomberg reports. They also report that Spotify will add a new basic tier with no audiobook hours for $10.99 a month. (That’s the current price for the premium plan that does include audiobooks.) Bloomberg says Spotify will raise prices $1 a month for individual plans and $2 a month for family/multi-user plans in five markets by the end of April, including the UK, Australia, and Pakistan.
Obituary: John Barth
John Barth, 93, author of nearly 20 novels and books of fiction including The Sot-Weed Factor, died on April 2 at a hospice facility in Bonita Springs, FL.
Reese Witherspoon Book Club Pick
PEN/Faulkner Award For Fiction
What Happened to Ruthy Ramirez by Claire Jiménez won the Pen/Faulkner Award for Fiction.
Windham-Campbell Prize Winners
As Expected, Silver Lake to Take Endeavor Private Again
Endeavor’s controlling owner Silver Lake confirmed on Tuesday that it will take Endeavor private again, but all outstanding stock for $27.50 a share. It took the company multiple attempts to go public in the first place, finally doing so in 2021 at $24 a share. Though Silver Lake’s press release trumpets the value that has been created for shareholders, most outside investors have not reaped any bonanza from Endeavor. The stock was languishing at below $18 a share last fall when the company said it would explore a sale and Silver Lake indicated it was putting together a proposal to […]