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AUDIOBOOKS MARKET GROWTH
Spotify to bring audiobooks to India in November, four years after US launchSpotify will introduce its audiobook service in India on November 12, 2026, enabling local users to access new content. The service will be...- Spotify expands audiobooks to more than 180 marketsStreaming giant Spotify announced Wednesday it is expanding access to its audiobook service to more than 180 markets, up from 22 currently,...
- Spotify has cut 15 jobs in podcast unit to reduce management layers: ReportThe streaming giant’s podcast journey since 2019 has been marked by strategic pivots. It initially pursued platform exclusivity before open...
- Spotify expects profit above estimates as founder Daniel Ek moves to new roleSpotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish streaming company benefits from strong user ...
- Spotify says it made record payout of more than $11 billion to music industry in 2025Spotify has announced a record payout of over eleven billion dollars to the music industry last year. This represents a significant increas...
- Spotify says it made record payout of more than $11 billion to music industry in 2025The Swedish streaming platform said in a blog post that its payouts in 2025 grew by more than 10% from a year earlier, with independent art...
- Mebigo Labs appoints bankers for $200 million IPOMebigo Labs Pvt., the operator of India’s audio platform Kuku FM, has hired banks for an initial public offering that could raise as much a...
- Spotify expects strong profit on price hikes, user growthShopify projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the ecommerce company as retailer...
- Digital company Pratilipi Plans IPO in 2026, aims to raise $12 mn in pre-IPO roundDigital storytelling platform Pratilipi aims for an IPO in January 2026, depending on market conditions. The company plans to raise $12 mil...
- 12 Best Books for Stock Market: Gain Valuable Insights for Financial Success (2024)Dive into the world of stocks with this curated selection of the best books for stock market investors, offering a comprehensive range of i...
- Spotify Q1 Results: Gross profit crosses 1 billion euros for first timeSpotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although t...
- Digital reading has transformed the library business: Baker & Taylor’s Amandeep KocharClearing the pessimistic vibes around libraries disappearing, Baker & Taylor’s CEO explains how electronic content can give a new boost to ...
- Spotify surprises with Q3 profit, sees 10% stock surgeSpotify surprised investors with its first quarterly profit in a year and a half, leading to a 10% increase in its stock value. The music s...
- Pocket FM secures $16 million in debt funding from Silicon Valley BankThe company said that with this additional capital infusion, it will look to double its strategic priorities to strengthen its audio series...
- Spotify's user growth beats estimates, expects 500 million listeners next quarterThe number of monthly active users rose to 489 million in the quarter, beating Spotify's guidance and analysts' forecasts of 477.9 million.
- Spotify plans hiring spree in bid to challenge ClubhouseThe idea is to capitalize on a new market popularized by Discord and Clubhouse, which let users participate in live audio chats.
- Binge listening: How the lockdown has cranked up the volume in the podcast marketThe lockdown had turned up the volume in audiobooks. Demand, especially in the regional language segment, is still growing.
- Why podcasters are betting on desi contentIn 2018, Amazon launched its audiobooks platform Audible in India, Google Audiobooks opened access to Indian users, and last year Sweden-ba...
- Sales of Amazon’s Kindle rose 80% in the year to March in IndiaAmazon recently launched digital books in five Indian languages — Tamil, Marathi, Malayalam, Hindi, Gujarati - that can be read on the Kind...
- Why audiobooks like Stay Hungry Stay Foolish, The Jungle Book, others are gaining traction among urban readersAudio-bookmakers and booksellers hope that the shortage of time will convert some readers into listeners.
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