We learn from Music Business Worldwide that Spotify founder and CEO Daniel Ek has cashed $27.8 million in Spotify stock (SPOT). While an interesting observation, the cash trade does not imply any negative sentiment. Click for info and the stock chart. Continue Reading
“A better way to earn.” That’s Spotify’s promise to creators as the streaming behemoth launches the Spotify Partner Program, a new monetization system for creators in four continents. Continue Reading
— Terry Foxx (Black Information Network)
— Leading Intelligence (Hetal Thaker Patel)
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— Philosophical (Evergreen Podacsts)
— Mission Critical (Podnews)
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— Slipping Into The Role (Slipstream / Jonathan Lane)
— Spotify Rapped (Spotify)
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Spotify, the most popular music streaming service in the world, serving over 100 million tracks to 240 million monthly active users, does not have a high-resolution (“lossless”) audio option. That lack is an unusual lag for a dominant consumer service which leads the industry with many other consumer innovations. The missing piece could be plugged in soon. Continue Reading
— Turning Tables (Seeking Alpha / Spotify)
— Taming A Wild Card (True Native Media)
— Like A Wild Horse (IAB)
Podcast analytics and attribution company Chartable will be closed by parent company Spotify. The streaming giant acquired Chartable in February, 2022. At the time, Chartable and the likewise acquired Podsights gave Spotify a formidable podcast tech stack. The sunsetting appears to be a simplification of internal brands and functions. Click for more info and announcement language. Continue Reading
— Retracting The Recoil (Spotify)
— Seeing The Audio (Washington Post)
— Speaking The Grit (iHeartPodcasts)
A new look; better targeting; new ad formats. Those are the chief attributes of Spotify’s relaunch of its self-serve audio advertising platform. Oh — and a new name. BEFORE: Spotify Ad Studio. NOW: Spotify Ads Manager. (See RAIN’s coverage of… Continue Reading
“I said that while many believe that Spotify has a great product, we needed to prove that we could also be a great business. I think we’re really starting to show this now.” (Daniel Ek, CEO, Spotify) That’s from Spotify’s Q2 earnings release. Click for numbers and charts.
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Wondery grabs Armchair Expert with Dax Shepard from Spotify in comprehensive sales, distribution, development, merchandise deal. Click for details. Continue Reading