Good news for fans of Spotify and audiobooks. Spotify has announced it plans in building an audiobook platform as its next business venture. This news comes after the music and podcast streaming platform acquired audiobook platform Findaway last year.
A “massive opportunity” for Spotify
Findaway’s audiobook platform allows authors to create, distribute, and monetize their work. According to its website, it offers “full-service managed production for audiobooks and other audio formats.”