Spotify introduced a new AI-powered tool for self-publishing audiobooks on its Spotify for Authors platform, launching in beta this June with English support initially. This tool, powered by ElevenLabs, allows authors to create audiobooks without exclusivity, enabling wider distribution. Spotify is also expanding its platform to support 10 additional languages and enhancing its Audiobook+ subscription plans with higher listening limits and new options for students and families. These moves come as Spotify grows its audiobook catalog and subscriptions, aiming to boost user engagement and revenue in the audiobook market.
Spotify has introduced narrated long-form magazine articles to its app, available to Premium subscribers as part of their monthly audiobook listening hours and for purchase by free users. Over 650 articles from major publications like Rolling Stone a...
The Schall Law Firm is investigating Spotify Technology S.A. for potential securities law violations following the company's Q1 2026 financial report. Spotify projected lower-than-expected subscriber growth for Q2 and reported disappointing ad revenu...
Spotify Technology S.A. has seen its stock rise 261% since April 2018, driven by strong financial performance including an 8.2% revenue increase to $5.26 billion in Q1 2026 and a net income of $837 million. Management aims for mid-teens annual revenu...
Spotify's 2026 Investor Day focused on product innovation and eased concerns about long-term margin pressure from AI. Jefferies raised its price target to $600 from $540, citing confidence in Spotify's user growth, monetization expansion, and competi...
Spotify is rapidly integrating AI into its app, moving beyond human-created music, podcasts, and audiobooks to AI-generated content. This includes AI covers and remixes through a deal with Universal Music Group, AI-narrated audiobooks, and tools for ...
