The company sees an annual opportunity that would mean more than 66,000 million Euros.

Spotify has advanced its plans to make audiobooks the third pillar of its business behind music and podcasts, seeing in them an option to bill more than 66,000 million Euros.

The streaming platform has held its annual meeting with investors marked by the intervention of the founder and CEO of Spotify, Daniel Ek, which has subsequently been published on its website.

Ek has pointed out that, currently, the global book market is valued at around 132,000 million Euros. A figure that includes printed books, 'eBooks' and audiobooks, which represent just between 6 and 7% of that market share.

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