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Spotify (NYSE:SPOT) has launched a brand new function for sure Premium subscribers: entry to fifteen hours of audiobooks monthly with none extra price.
The function, which launched within the U.Ok. and Australia on Wednesday, will probably be rolled out within the U.S. later this yr.
Every Spotify (SPOT) Premium particular person, and plan managers of Household and Duo accounts, can take pleasure in 15 hours of audiobook listening each month, with the choice to purchase extra 10-hour allocations as top-ups.
The information comes within the wake of Spotify’s (SPOT) plans to introduce a high-end subscription tier later this yr, in an effort to generate extra income.
Spotify (SPOT) started promoting audiobooks final yr, because it diversifies past music streaming to raised compete with greater rivals comparable to Amazon (AMZN), Apple (AAPL), and Google (GOOG) (GOOGL).
