![]() ![]() ![]() Spotify plans to introduce audiobooks to new markets and add new features after the initial U.S. Once a book is purchased, users will be able to bookmark their place in the audiobook, control their listening speed and download the content for offline listening. The audiobooks will feature a lock icon over the play button to indicate that they need to be purchased. Spotify users interested in listening to audiobooks can find them in their search, library and their curated recommendations on their homepage. Other competitors include Apple, Google, and Rakuten, which has partnered with Walmart. You Should See Me in a Crown by Leah Johnson, narrated by Alaska Jackson Liz Lighty has always believed she’s too black, too poor, too awkward to shine in her small, rich, prom-obsessed Midwestern town. ![]() ![]() The move also vaults Spotify into more direct competition with Amazon -owned Audible, which was the market leader in 2018 with 41% market share, according to Codex Group, and Amazon also sells e-books under its own brand. 22 YA Audiobooks on Spotify YOU CAN LISTEN TO NOW 1. Zicherman said the segment is growing by about 20% year over year despite making up just a 6% to 7% share of the current book market. The company decided to introduce audiobooks because they represent a "substantial untapped market," Nir Zicherman, Spotify's vice president and global head of audiobooks and gated content, said in Tuesday's release. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit Step 4: Select the Audiobooks card under Browse all. ![]()
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