The audiobooks will feature a lock icon over the play button to indicate that they need to be purchased. Spotify users interested in listening to audiobooks can find them in their search, library and their curated recommendations on their homepage. Other competitors include Apple, Google, and Rakuten, which has partnered with Walmart. The move also vaults Spotify into more direct competition with Amazon -owned Audible, which was the market leader in 2018 with 41% market share, according to Codex Group, and Amazon also sells e-books under its own brand. Zicherman said the segment is growing by about 20% year over year despite making up just a 6% to 7% share of the current book market. The company decided to introduce audiobooks because they represent a 'substantial untapped market,' Nir Zicherman, Spotify's vice president and global head of audiobooks and gated content, said in Tuesday's release. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

Spotify free audio books