Analysis News Spotify’s mission statement is preposterous. Its latest announcements prove it. Drilling behind the numbers released by Spotify last week, to discover the hard truth
News Spotify doubles down on short-form video content with new ‘Clips’ feature Spotify Clips lets artists add videos of up to 30 seconds long to their artist profiles
News Spotify approaches $40bn in all-time payouts to the music industry Spotify says that 'nearly 70%' of every dollar it generates from music 'is paid back as royalties to rightsholders'.
News Spotify rival Anghami sued by PopArabia, Reservoir over allegedly streaming unlicensed songs Lawsuit was filed in December
News Spotify dips a toe in NFT space, via token-gated playlists starting with Universal’s virtual band Kingship KINGSHIP revealed via Twitter that it's teaming up with Spotify on a token-enabled playlist
News Spotify just launched a personalized ‘DJ’ powered by Generative and Voice AI SPOT uses 'dynamic AI voice platform' from its acquisition of London-based Voice startup Sonantic
News Spotify now has an activist shareholder with a history of pushing for price rises ValueAct took a position in the New York Times last year
News Major record company market share on Spotify fell again in 2022, as indie tracks flooded the service Companies including TuneCore and parent Believe are eating into market share that was traditionally held by larger companies
Analysis News Spotify paying subscribers reached 205m in Q4 2022, up by 10m on the previous quarter Monthly Active Users grew 20% YoY to 489 million at the end of Q4 2022
Analysis News Spotify wants 50 million creators on its platform by 2030. BandLab already has 60 million. And wait until you read how many tracks are being made on the Singapore-headquartered platform each month...
News From Justin Bieber selling his catalog, to Spotify cutting 500+ jobs… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Spotify wipes vacancies from global jobs board as hiring freeze hits after 500+ layoffs Music streaming company is reducing its global workforce by 6%
Analysis News Over-spending and under-pricing: Spotify’s commercial missteps have come back to haunt it. A close look at some of the factors that led Daniel Ek to slash 500 jobs from his worldwide headcount this week
News Spotify to slash over 500 jobs worldwide, as Dawn Ostroff exits streaming platform Alex Norström, currently Chief Freemium Business Officer, and Gustav Söderström, currently Chief Research & Development Officer, upped to co-Presidents
News Amazon Music raises standard monthly subscription price from $9.99 to $10.99. (Spotify, so far, still refuses to do the same.) Amazon had over 80 million paying music subscribers last year, according to Midia Research