Spotify plans to offer subscribers up to 15 hours of free audiobooks each month, an attempt to better compete with Amazon.com-owned rival Audible and find a path to profitability.
The streaming company said Tuesday that it would make a selection of more than 150,000 titles available to premium users as part of their existing subscriptions in the U.K. and Australia and expand the program to U.S. listeners later this winter. Among the audiobooks it plans to make available are bestsellers such as Jennette McCurdy’s memoir, “I’m Glad My Mom Died,” and award-winners such as Min Jin Lee’s novel “Pachinko.”
Spotify said it aims to expand the audiobook market, create a better user experience than existing platforms and make its subscriptions more valuable to users by offering audiobooks alongside its extensive music and podcast catalogs. The Wall Street Journal earlier reported that Spotify was in talks with publishers to introduce the offering.
SPOTIFY LAUNCHING AUDIOBOOK SERVICE,…
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