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Spotify's Audiobook Expansion and Price Hike
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Spotify's audiobook expansion is estimated to cost €260 million, negatively impacting its 2025 EBIT by 8%. The company reported strong user growth but weaker-than-expected revenue and weak guidance, causing a 9.30% share decline. Spotify also raised its premium subscription prices, impacting its bottom line.
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How might Spotify's audiobook expansion influence the audiobook market and its competitors?
How might the audiobook expansion and price hike impact Spotify's relationship with artists and fans?
What strategies could Spotify employ to address the challenges posed by the audiobook expansion and price hike?
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