Spotify has launched the Audiobooks+ plan in the U.S. for $11.99 per month, allowing subscribers and their family members to access an additional 15 hours of audiobook listening. This offering, which makes audiobooks available to household members for the first time, expands on the existing services provided under Spotify Premium. While the company faced challenges with ad revenue, it reported a growth in active users and paid subscribers during the quarter, indicating resilience in its overall user engagement despite financial hurdles.
Spotify is launching its $11.99 per month Audiobooks+ plan in the U.S., allowing subscribers and household members to add 15 hours of audiobook listening each month.
The Audiobooks+ plan makes audiobooks available to household members for the first time in the U.S. market, expanding access beyond just the cardholder.
Subscribers can buy additional hours beyond the standard 15-hour monthly allotment, giving more access to audiobooks for voracious listeners.
Despite reporting weak ad revenue, Spotify's active users grew 11% to 696 million, indicating continued user growth amidst financial challenges.
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