Spotify Takes Its "Own Your Ear" Strategy to Audiobooks - NewsBreak
By Hernandez in Business
Updated 2 years ago
Spotify is acquiring audiobook company Findaway for an undisclosed sum. The acquisition will add audiobooks to a growing library of music and podcasts. Every acquisition or partnership Spotify (NYSE:SPOT) makes should be looked at through the lens of its long-term strategy to expand its audio products. Put simply, Spotify wants to...