In 2022, Spotify entered a new chapter by introducing audiobooks to our platform. Since then, we've grown our catalog to include more than 700,000 titles, expanded to 22 markets, and launched industry-leading features that give book lovers more ways to enjoy great stories.
At Investor Day 2026, we announced a new set of updates designed to enhance the reading experience for listeners, authors, and publishers as we continue building Spotify into the home for books.
For listeners: More hours and more discovery This summer, we're expanding Audiobooks+ with new add-on tiers. These higher-hourly plans will give our most engaged audiobook listeners the flexibility to spend even more time with the stories they love.
Later this year, Family and Student plans for Audiobooks+ will bring the experience to the entire household including young readers, making it easier to share stories and build listening habits together.
We're also introducing new discovery features for audiobooks. Users can now ask questions about to helpfind something new. Request other titles from the same author or books related to a topic you're interested in-like Scandinavian noir for your upcoming trip to Sweden-and we'll bring you recommendations tailored to your tastes.
And later this summer, our personalized discovery tool Prompted Playlist will expand to audiobooks. Already available in beta for music and podcasts, Prompted Playlist lets you describe exactly what you want to listen to, then creates a playlist based on your listening history and what's happening in the world around you. By expanding the feature to audiobooks, we're making it easier to find your next great read.
For authors: More languages and creation tools Spotify for Authors is expanding to 10 new languages-French, Canadian French, German, Dutch, Latin American Spanish, Swedish, Finnish, Icelandic, Danish, and Norwegian-making our audience insights and publishing tools accessible to more writers worldwide.
And this June, we're launching invite-only Audiobook Creation Tools in beta to help self-published authors create audio versions of their books. Built directly into Spotify for Authors, and powered by ElevenLabs' digital voice technology, authors can now access seamless audiobook generation and publishing without exclusive contracts. It's one more way we're helping more books reach listeners. At launch this will be in English language only, and available in select markets.
The story so far Audiobooks on Spotify are growing faster than ever. Listening hours are up 60% year over year, and nearly half of audiobook listeners started listening in the last year, with many discovering the format for the first time through Spotify.
Innovations like Page Match are helping fuel this growth. The feature, which lets users move between a print or ebook and its audiobook on Spotify, has become one of our most successful launches to date. We've seen an uplift in listening of up to 55% over a month when readers use Page Match, helping listeners finish books twice as fast. That's a win for audiences and authors alike.
Audiobooks+ is also making an impact. With 1 million subscribers so far, the offering is on track to generate $100 million in annualized recurring revenue. And our most engaged users-those who read, listen, and watch on Spotify- become part of the most engaged audience on Spotify, showing that multi-format listening habits help create deeper connections across the platform.
Explore all the news and announcements from Spotify's 2026 Investor Day.
This post contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. Please refer to Spotify's SEC filings for a discussion of risks and uncertainties.
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In 2022, Spotify entered a new chapter by introducing audiobooks to our platform. Since then, we've grown our catalog to include more than 700,000 titles, expanded to 22 markets, and launched industry-leading features that give book lovers more ways to enjoy great stories.
