In light of the news that audiobook sales have grown enormously over the last few years, Spotify is the latest to throw their hat in the audiobook ring with their negotiations with Scribd in order to distribute their audiobooks.
Clearly the mostly music streamer is broadening their horizons, as they already are a huge distributor for podcasts now and they have recently signed a deal with Bloomsbury Publishing to distribute a small number of their audiobooks.
Unlike eBooks, audiobooks still seem to be a level playing field as Amazon does not hold a majority stake in them with Audible as they do with Kindle. Therefore, there are many competitors to Amazon who hold huge spaces in the audiobook realm and it is why Google and Kobo are making big splashes as they also enter the playing field.
Read more about how this can be both beneficial for readers/listeners as well as Spotify and Scribd at the Good eReader.