Spotify’s Audiobooks Play is Working
Spotify's investment in audiobooks is showing significant returns, with a 60% increase in listening hours year-over-year. Over 1 million customers have subscribed to Audiobooks+, generating $100 million in annual revenue. The platform plans to expand its offerings with new tiers and family plans later this year.
- ▪Total audiobook listening hours on Spotify have increased by 60% year-over-year.
- ▪More than 1 million customers have subscribed to Audiobooks+, contributing to $100 million in annual revenue.
- ▪Nearly half of Spotify's audiobook consumers started listening within the last year, indicating new consumer growth in the format.
Opening excerpt (first ~120 words) tap to expand
Audiobooks Spotify’s Audiobooks Play is Working Rebecca Joines Schinsky May 27, 2026 <img alt='' src='https://secure.gravatar.com/avatar/64dc173f71a18ac4a8158b77f40dfe1e?s=160&d=blank&r=g' srcset='https://secure.gravatar.com/avatar/64dc173f71a18ac4a8158b77f40dfe1e?s=320&d=blank&r=g 2x' class='avatar avatar-160 photo' height='160' width='160' decoding='async'/> Rebecca Joines Schinsky Chief of Staff Rebecca Joines Schinsky is the Chief of Staff for Riot New Media Group and a co-host of the Book Riot Podcast. She can be reached at [email protected]. View All posts by Rebecca Joines Schinsky LINK COPIED! Share on: Facebook Threads Bluesky .st0{fill:#FFFFFF;} Reddit window.googletag = window.googletag || { cmd: [] }; /** Simple mobile client check (UA + iPad / touch-Mac).
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Book Riot.