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Spotify Users Can Now Buy Audiobooks in the US App

The streaming giant is tapping into the $140 billion book business

Spotify Audiobooks

Spotify Audiobooks

Source: Spotify

Spotify Technology SA has started selling audiobooks on its US app, allowing the music streaming giant to draw in new customers and keep existing ones closer.

The Swedish company will start by offering more than 300,000 titles, including those from the five biggest publishing houses, and customers will be able to listen to them without ads. None of the books are exclusive to Spotify, and existing app subscribers don’t get any discounts or additional perks, though the company said it plans to experiment with different business models.