Analysis News From Jungkook’s 35.5m monthly Spotify listeners to Avid’s $1.4bn sale to STG… it’s MBW’s Weekly Round-up Five of the biggest headlines on MBW this week...
Analysis News Jungkook now has 35.5m+ monthly listeners on Spotify – over half a million more than BTS. HYBE-signed K-Pop star had 35,578,104 monthly listeners on the music streaming platform as of August 18
News Disney just raised its streaming subscription price – by a lot more than Spotify Disney announced new prices alongside its earnings report last week
News Spotify price hike will boost our revenue, Reservoir says Reservoir CFO Jim Heindlmeyer discussed Spotify price hikes on the company's latest earnings call
News Spotify expands AI-powered DJ beta globally six months after launch The development marks Spotify’s latest effort in embracing AI. Spotify CEO Daniel Ek in April said AI’s relationship with music “is very early days and it’s an incredibly fast developing space.”
Analysis News Would it be worth Spotify shutting down its free tier in the US? Delving into the math and the logic behind the prospect of Spotify making a dramatic move in the world's biggest market
Analysis News From Universal’s $2.93bn in Q2 to Spotify’s price hikes in over 50 markets… it’s MBW’s Weekly Round-Up This week's biggest stories...
Analysis News ‘Super listeners’ make up 2% of artists’ monthly listeners on Spotify, but account for over 18% of monthly streams Spotify publishes a study on what it calls 'Super listeners' aka superfans
Analysis News YouTube generated $7.66bn in ad revenues in Q2, up 4.4% YoY… and more than double what Spotify generated across its entire business in Q2 $7.67bn generated from YouTube ads in Q2 was up 4.4% YoY increase
Analysis News Daniel Ek talks AI, artist-centric, TikTok Music and how price hikes are now part of Spotify’s ‘toolbox’ Spotify's Co-Founder and CEO joined CFO Paul Vogel on the company’s earnings call Tuesday morning
Analysis News Spotify’s Premium subscriber base grew by 10m in Q2 to reach 220m paying users Spotify announces its financial results for Q2 2023
Analysis Spotify is raising its price in the US and 52 other markets. How much money will that make the music industry? Whether you take a punchy or conservative view, Spotify is about to make a load more money
News Spotify officially raises Premium subscription prices in the US, and in several markets across South America, Europe and Asia Music streaming giant Spotify has officially increased the price of its flagship Premium subscription in the US to $10.99.
News Spotify to finally raise flagship Premium price in the US next week, reports Wall Street Journal More price rises coming in multiple global territories from Daniel Ek's company, says WSJ