Spotify Challenges Audible with Audiobook Expansion, Offers 15 Hours per Month for Premium Subscribers

Spotify is expanding its offerings by including audiobooks in its premium subscription. Premium subscribers will have access to 15 hours of audiobook listening per month. This move is seen as a challenge to Amazon's Audible, which has long dominated the audiobook market. Spotify's audiobook rollout has sparked some concerns about unfair payment for authors, but it has also been welcomed as competition to Audible. The expansion into audiobooks has the potential to shake up the retail landscape for this fast-growing segment of publishing. Spotify plans to make algorithmic recommendations for audiobooks and will initially roll out the service in the UK and Australia, with the US to follow this winter.