Audiobook Streaming Concerns Highlighted by U.S. Listeneners, Impact on Book Sales Noted

A recent poll conducted by Edison Research in the United States has revealed significant concern among consumers regarding the terms of audiobook streaming, particularly on platforms like Spotify Technology SA SPOT, known for its global audio streaming services. The crux of the poll's findings highlights that a majority of audiobook listeners could potentially restrict their usage of such platforms to instances where authors are compensated fairly. This sentiment reflects a growing awareness and consideration for the financial wellbeing of authors as the audiobook industry evolves.

Consumer Advocacy for Author Compensation

The research underscores a shift in consumer behavior, showing a willingness to stand in solidarity with authors over compensation issues. With SPOT at the center of this discussion, the results suggest that users may opt for alternative audiobook services or purchasing options that are perceived as offering a more equitable share of revenue to authors.

Impact on Book Sales and Publisher Considerations

Beyond listener advocacy, the Edison Research poll also indicates a ripple effect on traditional U.S. book sales, with streaming platforms like SPOT contributing to changes in how consumers acquire and enjoy books. Publishers and authors alike are now faced with the challenge of adapting to these shifts in consumer attitudes and behaviors, which have the potential to redefine the profitability landscape of the book industry as a whole.

Spotify, Audiobooks, FairPay