Spotify announced strategic shifts including expanding audiobook access to US subscribers and noting a weaker ads business.
1 report, 1 independent
Updated Aug 5
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What happened
Spotify announced strategic shifts including expanding audiobook access to US subscribers and noting a weaker ads business.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Spotify expanded into more than 40 new markets and accepted audiobooks narrated by ElevenLabs.Sub-event
Spotify is expanding audiobook access in the US and CEO noted a weaker ads business.1 source
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The entities involved
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Spotify Technology
Luxembourgish holding company
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Daniel Ek
Swedish businessman (born 1983)
Related events
- Pandora has partnered with Audioboom Group plc for content distribution and was ranked as the fifth largest podcast publisher in the US.
- A company Mark Little was involved with sold to a Swedish audio streaming service. The company also had connections to Spotify Technology and Twitter.
- Spotify Technology, Verizon Communications Inc., and The Walt Disney Company are competing in the audio streaming and broader entertainment markets.
Coverage
Newest first; wire copies grouped- TechCrunchSpotify expands audiobooks access to family plan members in the US for the first time Spotify is expanding access to its audiobooks to more U.S. subscribers. The company on Tuesday announced the laun