Spotify Joins the Audiobook Market with a New $9.99 Access Tier

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In a bold move to diversify its audio content offerings, Spotify has launched a new audiobook service. The service is targeted at its vast base of free users. The music streaming giant introduced the ‘Audiobooks Access Tier’ at a competitive price of $9.99 per month. This initiative follows Spotify’s initial foray into the audiobook realm late last year. As of now, it offers 15 hours of free audiobook content to its Premium subscribers. The new service allows users in the United States to tap into a rich library of over 200,000 titles. This encompasses a wide array of genres from fiction and non-fiction to self-help,…