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Spotify's Pricing Strategies and Expansion into Audiobooks
The chapter delves into Spotify's pricing strategies and the introduction of audiobooks to the platform. The conversation covers Spotify's personalized data-driven approach, user loyalty, stock performance, and the impact of adding new offerings like audiobooks. It also discusses how the inclusion of audiobooks affects Spotify's classification as a bundle, royalty rates for songwriters, and the launch of a new premium plan offering high fidelity audio and playlisting tools.
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