The New Economics of Buying or Renting Audiobooks
Audiobooks have long been a luxury digital good. That’s slowly starting to change. A new entrant, Spotify, is changing the economics of the listenable reads. It used to cost up to $40 a pop or a $15 monthly subscription to access one audiobook each billing cycle. Now, audio titles can come bundled with a music plan, or even free. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8