Next, it’s coming for your audiobooks.
In apresentation last week, Spotify CEO Daniel EK laid out the company’s plans to expand into audiobooks.
This move will be based on Spotify’s acquisition of Findawayan audiobook platformlast year.
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This sounds like good news for listeners, but how about for authors?
“Spotify, in my opinion, does not have a good track record in taking care of creators.
For Spotify, the advantage of podcasts over music is that they are cheaper.
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Spotify has to pay a fee to the record companies for every streamed song.
In this context, it’s easy to see the appeal of audiobooks, both for Spotify and listeners.
Having all your audio in one place is convenient if not necessarily a better experience.
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Purpose-built podcast apps, for example, have more customization and podcast-friendly features.
Spotify’s app, by contrast, has to do it all.
If you have a Kindle, you buy from Amazon.
If you listen to audiobooks on your phone, it’s probably Audible.
