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What Spotify’s Expansion into Audiobooks Could Mean for Independent Authors

Spotify’s recent acquisition of Findaway gives authors, particularly those who publish independently, the potential to reach a greater audience for their audiobooks. As of now, Spotify has indicated that it will focus on à la carte audiobook sales as opposed to an exclusive subscription model, as it uses for music and podcasts. However, any move towards implementing a subscription service could result in much lower royalties for authors. The Authors Guild has all the details.

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