Spotify vs. Amazon

Spotify Audiobooks officially launched in the U.S. yesterday, directly competing with Audible and potentially threatening its dominance in the audiobook... [Product Hunt]( [Read in browser]( [Spotify enters the audiobook industry]( [Spotify Audiobooks]( officially launched in the U.S. yesterday, directly competing with [Audible]( and potentially threatening its dominance in the audiobook industry. Audible, which was acquired by Amazon in 2008, controls [41%]( of the US audiobook market and critics say it has a [monopoly]( on the industry. Could Spotify’s entry into the space threaten that? It seems Spotify’s founder Daniel Ek and his team hope so. Nir Zicherman, head of audiobooks at Spotify, especially sees the potential to expand the audience for audiobooks and transform how users interact with content—the audiobook industry is already extremely profitable at [$1.7b](, but audiobooks represent less than 7% of the entire book market. Spotify’s [grip]( on all-things audio has already been growing. The platform is already a leader in music streaming services and [podcasts](, so adding audiobooks to the mix could make it a convenient all-in-one app for users who don’t like jumping around. It could also be a gamechanger for the company’s profits; despite being a leader in streaming, “[Spotify] has still never reported an annual profit.” Spotify debuted its audiobook catalog with 300,000 titles from best-selling authors like Michelle Obama and Stephen King, and introduced a pay per book pricing model that’s a huge contrast to Audible’s unlimited subscription model. We’ll be watching to see how Amazon responds to its new competitor. “Just as we've done with podcasting, expect us to play to win,” Ek says of Spotify. [Pay per book]( CAT NIPS - [VoiceLine]( lets you leave fully-transcripted audio messages across tools, workflows, and devices. - [Betafi]( helps you facilitate user research with usability testing and user interviews. - [Fontmoji]( lets you customize your keyboard with unlimited colors and 100+ fonts and connects to your social media. - [Appwrite]( is an open source alternative to Firebase that provides authentication, databases, storage, and real time capabilities to build web and mobile applications. - Mojo launched [Mojo Teams](, a new way to create and share social content with your team. Opinions Has venture lost its soul? A book review of The Power Law [Read more (14min read)]( Wednesday, 21 September 2022 Yesterday's Top Products [xTiles]( [Organize your ideas & projects visually]( [▲ 1637+]( [TakeAscreen]( [Take & capture screenshots like a pro]( [▲ 611+]( [Matik Team]( [Automate data-driven content creation (QBR, metrics review)]( [▲ 532+]( [Founder Club by Product Hunt]( [Access to 90+ offers including $5,000 in AWS credits]( [Promoted]( [VoiceLine]( [Work with voice, anywhere, no typing, no meetings]( [▲ 471+]( [Amplication 1.0]( [Instantly generate enterprise-grade Node.js applications]( [▲ 328+]( [Supa Palette 2.0]( [All-in-one palette generator for modern designers]( [▲ 290+]( [Superteam Earn]( [Discover Web3 bounties, grants, and jobs in one place]( [▲ 306+]( [Huum]( [Build your own hiring page to stand out from the crowd]( [▲ 308+]( [Hello Ivy]( [Project management & team communication software]( [▲ 231+]( [Starter Story 2.0]( [Learn exactly how people are making money online]( [▲ 208+]( [Discover many more]( ANOTHER ALTERNATIVE TO SLACK? [Rock]( is a messaging and collaboration tool that targets start-ups, DAOs, and remote teams. Today, they relaunched with more features. Rock allows you to import everything from Slack, Trello, and Asana and integrate your toolstack. You can also create different spaces, projects, and tasks directly within the platform. [Rockin’ with it]( [Tell us how we're doing]( [We're working on improving Product Hunt every day and we want to hear from you. What do you love? How could we do better? All feedback is helpful.]( [Speak your mind]( We send this email daily. Feel free to update your [email preferences]( or [unsubscribe]( from these emails at any time. [Advertise](, [Twitter](, [Facebook](, [Stories](