Spotify hit with 'Cease & Desist' from US Music Publishers Association: Read the full letter hypebot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hypebot.com Daily Mail and Mail on Sunday newspapers.
Audiobooks have become a lucrative format for publishers. Digital audio grew more than 500% between 2013 and 2022, reaching $839 million in revenue, according to the Association of American Publishers. For certain genres, like self-help and celebrity memoirs, audio sales can match or exceed print sales.
Spotify's Streaming Audiobook Service Launches in the U.S. publishersweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publishersweekly.com Daily Mail and Mail on Sunday newspapers.