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Spotify Audiobooks+ is launching in the USA for $11.99 per month, which unlocks 15 hours of audiobook streaming.
The streaming giant is betting on non-music offerings and A.I. to regain momentum after a disappointing second quarter.
Spotify’s executives see an even bigger opportunity, they said. Despite the recent growth, they said, audiobooks represent less than a 7 percent share of the wider book market.
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