![]() ![]() But you can’t buy them via an in-app purchase: Users must buy audiobooks from Spotify on a web page using a credit card - thereby avoiding transaction fees levied by Apple’s App Store and Google Play. ![]() In the Spotify app, audiobooks will show up with a lock icon on the play button (indicating they need to be purchased in order to listen). “Audiobooks are next to come into the picture because we see a substantial untapped market.” Per Spotify’s estimates, audiobooks represent just a 6%-7% share of the wider book market, but the category is growing by 20% year over year. “We’ve always believed that the potential for audio is limitless, and have been saying for a while now that our ambition is to be the complete package for everyone’s listening needs,” Zicherman said in a statement. Spotify’s entry into the audiobook market comes after closing its acquisition for audiobook distributor Findaway in June, paying about $119 million in cash for the company.
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