Categories: Technology

Audiobook Evolution: Industry’s Dynamic Shifts

  • Spotify launches audiobook subscription, offering 15 hours of content monthly.
  • "Six Sermons" on Audible explores grief through audio drama format.
  • Pushkin Industries restructures amidst podcasting challenges, shifting leadership roles for adaptability.
Published by
Lethabo Ntsoane

In a significant move set to reshape the way audiences engage with audiobooks, Spotify, the global music streaming giant, has unveiled a groundbreaking subscription model for audiobooks. CEO Daniel Ek announced today that Spotify subscribers in the UK, Australia, and soon, the US, will have access to 15 hours of premium audiobooks every month. This bold leap comes after a two-year journey, which began with Spotify’s acquisition of audiobook distributor Findaway in 2021. The new model, based on a subscription and listening hours, aims to bring a new generation of listeners into the world of audiobooks. “I believe this will bring a whole new generation of listeners to audiobooks,” Ek stated enthusiastically.

However, this innovative approach also comes with its challenges. While Spotify’s library boasts an impressive 150,000 titles from major publishers, the 15-hour limit might pose a challenge for avid listeners, particularly those inclined towards lengthy novels or extensive biographies. Furthermore, the subscription model covers 70 percent of bestsellers, leaving out some premium titles available on competitors like Audible. Despite these challenges, Spotify’s venture marks a significant step towards democratizing audiobooks, allowing users to explore a wide array of titles without the burden of individual purchase costs.

In a parallel narrative, the world of audio storytelling witnessed a unique creation with the launch of “Six Sermons,” an Audible Original written by Asa Merritt. Merritt’s inspiration for this piece was deeply personal, arising from the loss of a dear friend to suicide in 2017. The result was a three-and-a-half-hour fiction podcast set in the heart of Ohio, exploring themes of mental illness and suicide ideation. The story revolves around Alexis, a young pastor grappling with the aftermath of their lead pastor’s tragic death by suicide. Merritt’s approach was not merely to narrate a personal account but to delve into the intricacies of grief through the lens of fiction.

To create an authentic narrative, Merritt immersed himself in the sonic landscape of a Lutheran community in Ohio, where he discovered diverse perspectives on suicide within different sects of Christianity. The script, brought to life by talented actors like Stephanie Hsu and Bill Irwin, delves into the mysteries surrounding a religious leader’s decision to end his life. The nuanced portrayal of complex emotions and spiritual struggles is enhanced by elements unique to the audio drama format, such as prayers and sermons.

While “Six Sermons” offers a captivating exploration of grief, the podcasting industry faced its own set of challenges. Pushkin Industries, co-founded by renowned author and journalist Malcolm Gladwell, recently announced a significant restructuring in response to the shifting landscape of narrative podcasts. The studio, known for its intellectual and high-production series like “Revisionist History” and “The Dream,” faced the tough decision of laying off 17 staff members, constituting a third of its workforce. Pushkin Industries’ core content, while cherished by a dedicated fanbase, is perceived as niche in a market increasingly dominated by more mainstream, profitable chat shows.

In a bid to adapt to these challenges, Malcolm Gladwell stepped down as president to take on the role of editorial director, emphasizing content quality and creativity. Co-founder Jacob Weisberg transitioned to the position of executive chair, focusing on strategic initiatives, while Gretta Cohn, founder of Transmitter, assumed the role of president, injecting fresh perspectives and ideas into the studio’s operations.

This strategic reshuffling underscores the industry-wide shift from high-production, niche content to formats that resonate with broader audiences. Pushkin Industries’ response reflects the ongoing evolution of the podcasting landscape, where adaptability and innovation are paramount for survival in an ever-changing market.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo