It's doubtful that Apple will just ignore this move. Spotify is only letting users purchase audiobooks from a web browser. This circumvents Apple's hefty take rate for purchases made from within an iOS app. Speaking of audiobook downloads, we can't forget about Apple. But it will still be interesting to see how Amazon responds. Spotify's audiobooks are purchased individually, so this may attract different sets of users. sort of option to resolve this): If you are playing a game that Discord detects, the game will take precedence and Spotify wont show as your status. However, it also creates new competitive challenges against top technology companies, including Amazon and Apple.įor Amazon, it offers an audiobook subscription service, and its Audible platform dominates the market. Therefore, this does provide the company with a new growth opportunity. Management is excited because the audiobook industry is growing 20% annually. According to Down Detector, which monitors the status of apps and websites, Spotify dealt with outages since just after 10am UK time on Wednesday June 8th. Some of these companies confirmed the outages themselves, with the Spotify Status Twitter account saying, 'We’re aware of some issues right now and are checking them out We’ll keep you posted. Meanwhile, almost 20,000 Discord users have reported problems. Music fans say they were logged out of their accounts and unable to access their playlists. Downdetector received more than 70,000 complaints that Spotifys app and website are not working. Looking ahead to how it can gain and retain new users, Spotify launched audiobooks in the U.S. According to Down Detector, this includes Spotify, Snapchat, Discord, Pokmon Go, Nest, Google, Fitbit, Etsy, and others. Discord users are being met with message failures Credit: Getty. All of this said, it seems like Spotify stock was down in September mostly because the market had a rough month.
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