Spotify: Emphasis on podcasting, “top platform,” more earnings info

In yesterday’s initial coverage of Spotify’s Q3 earnings report, we noted that the word “podcast” was used 17 times in the company’s official release, while the word “music” was used 10 times. In the hour-long earnings call, the emphasis was even more on podcasting, which was mentioned 48 times, while “music” was spoken a mere eight times. Hence the emphasis on podcasting as a business priority in the global leading streaming audio platform. Click a lot of info and quotes. Continue Reading

Quick Hits: Citi report critique. “Hearables.” Spotify’s strategy and Apple’s response. BBC on Spotify.

Brief news items and worthy reads from around the web: Music Biz Slams Citi Report on Industry & Artist Revenue as ‘Inconsistent,’ ‘Inaccurate.’ The future is ear: Why “hearables” are finally tech’s next big thing. Spotify’s $30 billion playlist for global domination. Cook says Apple not in music streaming for the money. Your Favourite BBC Podcasts, Now on Spotify in the UK. Continue Reading

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Could the Taylor Swift publicity be good for Spotify?

When a global consumer service loses the most popular product in its catalog, it’s pretty bad news on the face of it. The seriousness of Taylor Swift’s much-publicized withdrawal from Spotify is perhaps reflected in the gravity and scope of founder Daniel Ek’s blog response yesterday. But crowd opinion, and thousands of news articles, might add up to good publicity. Spotify itself is uniquely asking Taylor Swift to return, with a “Come back, Taylor!” playlist. Continue Reading

Daniel Ek responds to Taylor Swift with comprehensive defense of Spotify

The decision by Taylor Swift and her label, Big Machine, to remove her entire back catalog from Spotify sparked a wave of debates and arguments about the pros and cons of the streaming music economy. Swift herself said in an interview with Yahoo that the reason for her action was her skepticism about streaming platforms. Spotify CEO Daniel Ek wrote a lengthy blog post in an effort to clear up misunderstandings about the streaming ecosystem that have sparked many of the most vocal diabtribes. Continue Reading