Spotify invests over $ 1 m to grow its audiofual catalog

Spotify announced Friday that thinks of invent 1 million – or about $ 1.1 million – to wash audioobook’s production in tongues other than English, sent with French and Dutch.

Investment indicates that Spotify is ansify is ansify for the most normal titles in their limited library as trial with the main players as audible in the $ 8.7 billion pattern of glual audiobe. I am

The adoption has been particularly Russian in France and Netherlands, that is because it’s because it’s initiated with these languages.

According to the company, fewer than 3% of the French language books in audio format, with join 20,000 audioobs in France in arrangement of 750,000 physical titles. In the Netherlands, around 15,000 Dutch publicots are available out of a 209,000 title library.

The society Launched Their audiobook service in France and the Benelux region passed October.

Spotify believing that slow adoption can be awarded to the costs of the high-tall production of the high can I conversion of their audio formats.

Despite the company emphasizing their commitment to work with human narratives, Spotify refrained by little Eleven as a cost-effective solution to encourage the authors to publish the A-Narrat content. However, the use of the Narrative Ai resuscitated concerns in the publication community.