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Spotify

Spotify paid $9 billion in royalties in 2023. Here's what fueled the growth

Spotify paid $9 billion in royalties in 2023. Here's what fu...

Tue, Mar 19, 2024

Spotify's fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any retailer to the music industry.

Power Breakfast: US markets closed near day's high amid ups and downs, Spotify up 4%

Power Breakfast: US markets closed near day's high amid ups...

Wed, Feb 07, 2024

Power Breakfast: The American market was seen closing near the day's high amid ups and downs. So the Dow rose by 140 points and Spotify rose by 4%. Know the situation of the US market and its impact on India in the special episode of Zee Business' special show Power Breakfast.

Spotify Feature: Trials innovative AI-Powered playlists, allowing users to craft personalized music lists with prompts

Spotify Feature: Trials innovative AI-Powered playlists, allowing...

Fri, Dec 15, 2023

A Spotify spokesperson stated in the report, "We routinely conduct a number of tests. Some of those tests end up paving the path for our broader experience, and others serve only as an important learning." The spokesperson added, "We don't have anything further to share at this time."

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Spotify reaches 226 million paid subscribers, returns to profitability

Spotify reaches 226 million paid subscribers, returns to profitab...

Tue, Oct 24, 2023

Truly stellar quarter. Improving step by step. Thanks to all Spotify teams around the world,” Spotify CEO Daniel Ek posted on X.Overall, the company reported a profit of 65 million euros (around $69 million) for the quarter.

Spotify may be working on AI-generated playlists created with prompts

Spotify may be working on AI-generated playlists created with pro...

Tue, Oct 03, 2023

Music streaming giant Spotify is reportedly developing another way to incorporate AI into its app after successfully launching an AI-powered DJ feature and adding support for AI-translated podcasts.

Spotify to roll out auto-generated transcripts to millions of podcasts

Spotify to roll out auto-generated transcripts to millions of pod...

Fri, Sep 29, 2023

Music streaming giant Spotify has announced to roll out auto-generated podcast transcripts to more creators and shows in the coming weeks so that users can read along with an episode, making the transcripts more visually and textually accessible.

Spotify testing to make in-app lyrics a premium-only feature

Spotify testing to make in-app lyrics a premium-only feature

Wed, Sep 06, 2023

Several Spotify users noticed that in-app lyrics, which pop up under the playing song, were locked away under a paywall.

Spotify expands AI-powered personalised music feature 'DJ' to more countries

Spotify expands AI-powered personalised music feature 'DJ...

Tue, Aug 08, 2023

Music streaming platform Spotify has announced that it is rolling out its artificial intelligence-powered personalised music feature 'DJ' to more countries around the world.

Spotify now has 220 million paid subscribers

Spotify now has 220 million paid subscribers

Tue, Jul 25, 2023

Music streaming giant Spotify on Tuesday announced that the platform now has 220 million Premium subscribers and 551 million monthly active users, as of June 30.

Spotify hikes prices for premium subscription plans globally

Spotify hikes prices for premium subscription plans globally

Tue, Jul 25, 2023

The music streaming giant said that the existing subscribers will be notified about the price changes via email and be given a “one-month grace period” before the new prices go into effect.

Spotify plans to hike price of premium plan by $1 in US: Report

Spotify plans to hike price of premium plan by $1 in US: Report

Sun, Jul 23, 2023

The price hike is expected to be announced next week for subscribers in the US, followed by similar increases in "dozens of markets globally in the coming months", reports Variety.

Spotify may soon bring group session feature to desktop

Spotify may soon bring group session feature to desktop

Mon, Jul 03, 2023

Music streaming platform Spotify will reportedly soon bring the group session feature on its desktop version.

Spotify getting redesigned 'Your Library', 'Now Playing' views on desktop

Spotify getting redesigned 'Your Library', 'Now Pl...

Wed, Jun 21, 2023

Music streaming platform Spotify is improving the desktop experience by adding redesigned 'Your Library' and 'Now Playing' views.

Spotify fined over $5 million for breaching data access rights in Sweden

Spotify fined over $5 million for breaching data access rights in...

Wed, Jun 14, 2023

Music streaming platform Spotify has been fined about $5.4 million in Sweden for breaching the data access rights of users in the European Union (EU).

Spotify lays off 200 employees in podcast division

Spotify lays off 200 employees in podcast division

Mon, Jun 05, 2023

Music streaming platform Spotify on Monday announced it was sacking 200 employees, 2 per cent of its workforce, from its podcast division as part of a corporate reorganisation.

A look at this week's startup deals: Reloy, Oyo, Blinkit, Tesz, Razorpay, Toprankers were in news

A look at this week's startup deals: Reloy, Oyo, Blinkit, Te...

Fri, Apr 21, 2023

This week startups like Toprankers bought ProBano, BetterPlace acquired Malaysia's TROOPERS, Zoom bought Workvivo, and Oyo announced to add 50 new properties in Ayodhya in 2023.

Spotify users can now share music, podcasts on BeReal

Spotify users can now share music, podcasts on BeReal

Thu, Apr 20, 2023

Music streaming platform Spotify has announced its integration with the French photo-sharing app BeReal, which will allow users to share music and podcasts in their BeReal posts.

Spotify to shut its music guessing game 'Heardle'

Spotify to shut its music guessing game 'Heardle'

Sun, Apr 16, 2023

Music streaming platform Spotify has announced that it will shut down its Wordle-inspired music guessing game `Heardle` on May 5 as it aims to focus on its other objectives around music discovery.

Spotify shuts its live audio app ''Spotify Live''

Spotify shuts its live audio app ''Spotify Live'...

Tue, Apr 04, 2023

In April 2022, the company integrated the live audio capabilities from its companion app, Spotify Greenroom, within the main Spotify streaming app and rebranded Greenroom as "Spotify Live", the report mentioned.

Spotify to soon launch 'Discover Mode' in India

Spotify to soon launch 'Discover Mode' in India

Fri, Mar 10, 2023

Music streaming platform Spotify has announced new features for creators and fans at its “Stream On” event in Los Angeles on Wednesday, including “Discovery Mode” which will soon be launched in India.

Spotify founder forays into healthcare industry, launches new startup

Spotify founder forays into healthcare industry, launches new sta...

Mon, Feb 06, 2023

The startup was officially launched after four years of research and product development, reports Sifted.

Spotify world's 1st music streaming platform to surpass 200 mn paid users

Spotify world's 1st music streaming platform to surpass 200...

Wed, Feb 01, 2023

Music streaming platform Spotify announced its premium subscribers base has touched 205 million, representing a 14 per cent increase year-on-year.

Spotify planning layoffs as soon as this week—Check how many employees will get affected

Spotify planning layoffs as soon as this week—Check how many empl...

Mon, Jan 23, 2023

Spotify Technology is planning layoffs in an effort to cut costs, and it may announce this week. The company laid off 38 people from its Gimlet Media and Parcast podcast studios in October, as well as podcast editorial employees in September.

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