\"\"
<\/span><\/figcaption><\/figure>San Francisco: Music streaming platform Spotify<\/a> has purchased Findaway<\/a>, a platform that allows users to create, distribute, and monetise their own audiobooks<\/a>, for 117 million euros (approx $119 million), the company revealed during a Sec<\/a>urities and Exchange Commission (SEC) filing.

Findaway will provide the infrastructure for what will become the third pillar of Spotify's business. The
streaming service<\/a> first announced the acquisition last November, reports The Verge.

\"We believe that audiobooks, in their many different forms, will be a massive opportunity,\" Spotify CEO Daniel Ek was quoted as saying to investors at a presentation last month.

\"And just as we've done in podcasting, expect us to play to win,\" Ek added.

Audiobook functionality will arrive inside Spotify \"quite imminently\", he said this week.

Executives have indicated that the service will operate differently than the industry's dominant player,
Amazon<\/a>'s Audible.

Audible subscribers pay $14.95 per month for one credit a month, with one credit worth one book.

It is unclear whether premium subscribers will have unlimited access to audiobooks, but content and ad business chief Dawn Ostroff indicated last month that there will be an ad-supported tier, the report said.

Ek is confident that audiobooks will deliver the kind of earnings investors are looking for, with profit margins north of 40 per cent.

<\/body>","next_sibling":[{"msid":93218184,"title":"Kenya orders Meta's Facebook to tackle hate speech or face suspension","entity_type":"ARTICLE","link":"\/news\/kenya-orders-metas-facebook-to-tackle-hate-speech-or-face-suspension\/93218184","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93218218,"entity_type":"ARTICLE","title":"Spotify pays $119 mn for audiobook distributor Findaway's acquisition","synopsis":"\"We believe that audiobooks, in their many different forms, will be a massive opportunity,\" Spotify CEO Daniel Ek was quoted as saying to investors at a presentation last month.","titleseo":"telecomnews\/spotify-pays-119-mn-for-audiobook-distributor-findaways-acquisition","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-07-29 21:04:13","lastupd":"2022-07-29 21:07:23","breadcrumbTags":["spotify","findaway","amazon","sec","mvas\/apps","spotify audiobooks","streaming service","audiobooks"],"secinfo":{"seolocation":"telecomnews\/spotify-pays-119-mn-for-audiobook-distributor-findaways-acquisition"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-07-29" data-index="article_1">

Spotify支付119美元mn有声读物经销商Findaway收购

“我们相信,有声读物,在许多不同的形式,将是一个巨大的机会,”Spotify的首席执行官丹尼尔•艾克说,投资者在上个月的一个表现。

  • 更新于2022年7月29日下午09:07坚持
旧金山:音乐流媒体平台Spotify购买了Findaway,一个平台,允许用户创建、分发,以及制定他们自己的有声读物为1.17亿欧元(约1.19亿美元),该公司透露在证券交易委员会urities交易委员会(SEC)提交。

Findaway将提供的基础设施将成为Spotify的第三大支柱业务。的流媒体服务去年11月首次宣布收购,报告边缘。

“我们相信,有声读物,在许多不同的形式,将是一个巨大的机会,”Spotify的首席执行官丹尼尔•艾克说,投资者在上个月的一个表现。

广告
在播客”,就像我们所做的,希望我们发挥赢,”埃克补充道。

有声读物的功能会在Spotify“相当迫切地”,他说这个星期。

高管们表示,该服务将操作不同行业的主导者,亚马逊的声响。

听得见的用户每月支付14.95美元每月一个信用,信用价值的一本书。

目前尚不清楚付费用户将有无限的访问有声读物,但内容和广告业务的首席总裁上月表示,将会有一个广告支持层,该报告说。

Ek相信有声读物将收益的投资者正在寻找,北部的利润率为40%。

  • 发布于2022年7月29日09:04点坚持
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\"\"
<\/span><\/figcaption><\/figure>San Francisco: Music streaming platform Spotify<\/a> has purchased Findaway<\/a>, a platform that allows users to create, distribute, and monetise their own audiobooks<\/a>, for 117 million euros (approx $119 million), the company revealed during a Sec<\/a>urities and Exchange Commission (SEC) filing.

Findaway will provide the infrastructure for what will become the third pillar of Spotify's business. The
streaming service<\/a> first announced the acquisition last November, reports The Verge.

\"We believe that audiobooks, in their many different forms, will be a massive opportunity,\" Spotify CEO Daniel Ek was quoted as saying to investors at a presentation last month.

\"And just as we've done in podcasting, expect us to play to win,\" Ek added.

Audiobook functionality will arrive inside Spotify \"quite imminently\", he said this week.

Executives have indicated that the service will operate differently than the industry's dominant player,
Amazon<\/a>'s Audible.

Audible subscribers pay $14.95 per month for one credit a month, with one credit worth one book.

It is unclear whether premium subscribers will have unlimited access to audiobooks, but content and ad business chief Dawn Ostroff indicated last month that there will be an ad-supported tier, the report said.

Ek is confident that audiobooks will deliver the kind of earnings investors are looking for, with profit margins north of 40 per cent.

<\/body>","next_sibling":[{"msid":93218184,"title":"Kenya orders Meta's Facebook to tackle hate speech or face suspension","entity_type":"ARTICLE","link":"\/news\/kenya-orders-metas-facebook-to-tackle-hate-speech-or-face-suspension\/93218184","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93218218,"entity_type":"ARTICLE","title":"Spotify pays $119 mn for audiobook distributor Findaway's acquisition","synopsis":"\"We believe that audiobooks, in their many different forms, will be a massive opportunity,\" Spotify CEO Daniel Ek was quoted as saying to investors at a presentation last month.","titleseo":"telecomnews\/spotify-pays-119-mn-for-audiobook-distributor-findaways-acquisition","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-07-29 21:04:13","lastupd":"2022-07-29 21:07:23","breadcrumbTags":["spotify","findaway","amazon","sec","mvas\/apps","spotify audiobooks","streaming service","audiobooks"],"secinfo":{"seolocation":"telecomnews\/spotify-pays-119-mn-for-audiobook-distributor-findaways-acquisition"}}" data-news_link="//www.iser-br.com/news/spotify-pays-119-mn-for-audiobook-distributor-findaways-acquisition/93218218">