
Spotify is gearing up to launch its own audiobooks offerings, executives from the company told investors at a recent meeting. The move isn’t entirely surprising, given that Spotify purchased audiobook distributor Findaway late last year.
The Verge reports that Spotify is now ready to really get moving on turning that acquisition into a full-scale operation. Spotify CEO Daniel Ek said the company believes audiobooks will be “a massive opportunity,” and that, as is the case with podcasting, it will “play to win.”