Spotify expands into audiobooks with acquisition of Findaway #3dChicks #booknews

Sarah Perez@sarahintampa / 

spotify iphone

In an effort to expand beyond music, Spotify has been investing hundreds of millions to build out its podcasts business. Now the company has set its sights on another form of audio, with today’s acquisition of digital audiobook distributor Findaway.

Spotify declined to share the financial terms of the deal, which is expected to close in the fourth quarter of 2021, subject to regulatory review and approval.

Founded in 2004, Findaway’s core focus has been on bringing more audiobooks to listeners worldwide.

read more otify-expands-into-audiobooks-with-acquisition-of-findaway/

About @SylviaHubbard1

AUTHOR, MOTHER, SPEAKER, JOURNALIST, CONSULTANT & MORE! Divorced Mother of three, Detroiter, Sylvia Hubbard, is not only an award winning best selling author of over 28 books, but also founder of one of Michigan's largest interactive literary community, The Motown Writers Network/The Michigan Literary Network.

Posted on November 24, 2021, in Book News. Bookmark the permalink. Leave a comment.

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