It’s no secret that audiobooks and audio stories are on the rise. In fact, it’s one of the most dynamic segments of the publishing industry, and according to Association of American Publishers, it’s growing at double-digit rates every year.
Medium is the latest platform to join the trend of audio publishers, by allowing its users to listen to their favourite stories on the platform. This feature is available only to premium users – that is members who pay the $5 a month fee to access the platform. Although the monetisation scheme debuted back in 2016, it wasn’t immediately clear what it would offer, but with the introduction of audio stories it’s starting to take shape.
According to sources, the audio recordings of the most popular stories will not be conducted by some sort of AI, but will be produced with the help of real voice actors or even the authors themselves. According to Medium’s membership page:
So far, there are 50 audio stories available in Medium’s dedicated page, but there are plans to add more material at a weekly pace.
More from Other Platforms
In an event yesterday, Instagram has launched IGTV a standalone app that allows users to upload videos up to an …
YouTube unveiled a new creative suite for brands and agencies to create a "more delightful experience for the user" that …
Pinterest is moving into real-world business as the discovery platform is about to launch its first subscription box with FabFitFun.