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Spotify Technology SA launched audiobooks in the United States last week. What Happened Commenting on the development, KeyBanc Capital Markets analyst Justin Patterson reiterated an Overweight rating and a $148 price target for Spotify shares. Audiobooks could be immaterial to Spotify’s performance into the year-end and likely in 2023, too, Patterson said in a note. […]
Posts Tagged ‘audiobooks’
Spotify Analyst Finds Risk-Reward Compelling, but Sees Audiobooks Immaterial Into Year-End and 2023
September 28th, 2022 
Awake Goy 
Posted in Jewish News 
Tags: analyst, audiobooks, compelling, finds, immaterial, reward, spotify 
No Comments »Spotify Takes on Amazon’s Audible, Launches 300,000 Audiobooks for US Users
September 21st, 2022 Awake Goy Music streaming giant Spotify Technology S.A. launched on Tuesday its audiobook service for U.S. consumers after its acquisition of global audiobook distributor Findaway back in June. The Swedish company has made over 300,000 audiobooks available on a pay-per-download basis, from independent authors to major publishers, challenging the U.S.’s largest audiobook service Audible of Amazon Inc. Users […]
