Spotify seems to be getting into audiobooks
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(Pocket-lint) – Spotify subscribers who love audio books may have reason to celebrate today. A new acquisition hints that Spotify is building its own audiobook library.
The music streaming giant has acquired a company called Findaway, with a platform that hosts more than 325,000 audiobooks. The Ohio-based company has partnerships with many major retailers, including Amazon and Apple , as well as its own tools for audiobook makers.
It hasn’t been clarified what Spotify’s plans are with its latest acquisition, but we risk assuming that there will be a lot more audiobook content coming to Spotify.
In early 2020, at the start of the pandemic, Spotify experimented with adding a handful of public domain books told by celebrities, as well as the debut novel byHarry Potter.
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At the time, Spotify did not say whether to expect a larger library of audiobooks to be available. Instead of saying he runs a lot of tests, some just to learn, rather than everything in the product. We have not seen any activity in space since.
There are similarities to how Spotify approached its shift to podcasts . The brand began by using a number of acquisitions to strengthen its catalog and creative tools before full deployment.
It’s too early to say anything definitive, but things are certainly looking up for avid audiobook listeners.
Written by Luke Baker. Originally published on .