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At an event hosted in its New York offices on Tuesday afternoon, the company announced a new business model where it will now provide Spotify Premium subscribers with access to a subset of its audiobooks catalog a total of 150,000 titles without an additional charge. "And just like in music and podcasting, we're really excited to be able to bring all the amazing tools that we built for creators and consumers alike to enable more discovery of these amazing audiobooks to the entire world," he added. Powered by its acquisition of the digital audiobook distributor Findaway, Spotify first launched audiobooks in the U.S. in September 2022, with a catalog of 300,000 titles to start before expanding to other English-speaking markets later in the year and Canada in early 2023.

David kaeferAlex norstrSpotify coImage creditsSpotify co presidentChief business officer alex norstrAudiobooks businessSpotify premiumImage credits