Industry Oct 10, 2026
Spotify expands audiobook offerings and sees strong revenue
In short
Spotify said more than 750 million people will be able to stream or buy books on its platform once the rollout is complete.
Originally published by
Music Business Worldwide
Spotify is increasing the availability of its audiobook service to over 180 markets globally. The company also announced that its Audiobooks+ add-on has surpassed $100 million in annual recurring revenue. Upon completion of this expansion, more than 750 million individuals will have the capability to stream or purchase books through the Spotify platform. Originally reported by Music Business Worldwide.