Audiobook listeners and listening hours on Spotify increased by more than 30% and 35%, respectively, from January 2024 to January 2025 in the U.S., U.K., and Australia, helping to boost audio sales of several major publishers, according to the streaming service. The growth aligns with broader industry trends. The Audio Publishers Association recently reported that audiobook sales grew by 13% in 2024, with 99% of revenues generated by digital audiobooks.
Source: New Listeners Boosting Sales for Spotify, Publishers
The Book Industry Study Group has announced the launch of Find a Rightsholder, a searchable database with information on how to reach rights and permissions contacts for more than 3,500 imprints. Unlike title management tools that seek to facilitate dealmaking and take a cut of any transaction, Find a Rightsholder is focused solely on helping the publishing community locate relevant contacts for U.S. and U.K. publishers.
The International Confederation of Music Publishers (ICMP) has released its first-ever analysis of global music publishing, surveying 16 major music markets. The headline finding? Music publishing brings in a little over $11 billion annually in those markets. The number includes publishers’ direct revenue, plus distributions to publishers and songwriters from collective management organizations (CMOs).
Humans have nuanced awareness. They draw on their experiences to make inferences and logical decisions. AI models are, however, only as good as their training data. An AI model’s accuracy doesn’t entirely depend on the underlying algorithms’ technical sophistication or the amount of data processed. Instead, accurate AI performance depends on trustworthy, high-quality data during training and analytical performance tests.
