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Have any thoughts on this? Let us know down below in the comments or carry the discussion over to our Twitter or Facebook. Audiobooks seem like the logical next step at this point. The company has already done a good job expanding from the complicated music business into podcasts. One Last Stop is a story of found-family and soul searching and finding your place in the world. Time Magazine, 'The 21 Most Anticipated Books of 2021'.
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'A dazzling romance, filled with plenty of humor and heart.'. 'A dazzling romance, filled with plenty of humor and heart.' - Time Magazine, 'The 21 Most Anticipated Books of 2021'. And that leaves Spotify with a $70 billion market in which it can expand. Casey McQuiston’s One Last Stop is a magical, sexy, big-hearted romance where the impossible becomes possible as August does everything in her power to save the girl lost in time. Casey McQuiston’s One Last Stop is a magical, sexy, big-hearted romance where the impossible becomes possible as August does everything in her power to save the girl lost in time. The global book market is estimated to be around $140 billion with the audiobook market only responsible for around 6 or 7 percent of that.īut the Spotify CEO says the audiobook market has the potential to reach 50 percent of the global book market. Additionally, Findaway gives creators the tools to create and publish their own audiobooks, which is appealing to Spotify.Įk’s vision of the audiobook industry is a bold one. It handles the publishing and distribution of audiobooks all over the world. Image: Spotifyįindaway is a sort of one-stop shop for audiobooks. The deal has yet to close, but it’s key to Spotify’s vision. In November, the company announced plans to purchase Findaway, a leading audiobook platform. The first step in Spotify’s foray into audiobooks came at the end of last year. /rebates/2fip2fOne-Last-Stop-Audiobook-97812508031772f161821959&. “We believe that audiobooks, in their many different forms, will be a massive opportunity,” he says in his remarks.
#ONE LAST STOP AUDIOBOOK TRIAL#
Start a free 30-day trial today and get your first audiobook. The company’s executives see a lot of potential for profits and growth in audiobooks as the third pillar of Spotify’s business.ĭuring the company’s recent Investor Day, CEO Daniel Ek shared some of the company’s vision of the future and how audiobooks fit into Spotify’s business model. One Last Stop by Casey McQuiston available from Rakuten Kobo. After successfully infiltrating the podcast business, Spotify is looking to add a third major branch to its operations: audiobooks.