Spotify’s acquisition of Findaway, a leading audiobook platform, provides a new source of revenue
Aside from music, Spotify has been seeking for other methods to generate cash. It was for this reason that it began a massive investment in its own podcast company. For the first time in its history, it plans to profit from audio. Findaway, a popular audiobook platform, has been purchased by the corporation. Digital audiobook distributor was created in 2004 and has focused on increasing access to audiobooks since then.