As if often the case, much of the interesting content during Spotify’s Q2 earnings call this week transpired during the investor Q&A. There, CEO Daniel Ek and Head of Investor Relations Paul Vogel spoke of the company’s global ambitions, how podcasting is shaking out for Spotify, and a mention of audiobooks. Click through for quotes. Continue Reading
Spotify’s second quarter financial results included notable growth in both its monthly active users and its subscriber base. The company now boasts 232 million monthly active users, up 29% on-year, and 108 million subscribers, a lift of 31% from the year-ago period. Continue Reading
Spotify’s personnel changes continue, with news today of another exit from the ranks along with a promotion for regional management. Continue Reading
Another longtime member of Spotify’s leadership is leaving the company. Will Page is planning to exit his post of chief economist for the streaming service later this summer. He has been with Spotify since 2012. Continue Reading
Spotify is reaching a larger international audience, and is seeing particular success in India. Cecilia Qvist, head of global markets, shared some insights about the company’s global growth during a conference in Hong Kong. Continue Reading
Stream listening gained about 2% month-over-month in March, according to the Triton Digital Webcast Metrics Top 20 Ranker. Pandora, leader of the pack, gained three percent from January, to move above 2-million average active sessions for the first time since last August. Continue Reading
Spotify introduced a new version of its app specifically designed for regions with limited or weak mobile coverage. Spotify Lite is available as a free download for Android devices in 36 markets around the world. Continue Reading
Spotify has hired Cameron Farrelly as its new global creative director. In this capacity, he will oversee the creative vision for artist and music marketing, along with developing campaigns, activations, and original intellectual property. Continue Reading
RAIN News has confirmed that Brian Benedik, currently VP and Global Head of Revenue at Spotify, will leave the company at the end of September. The departure is wholly Benedik’s decision, and the company is starting a search for his successor. Continue Reading
Spotify has a new exclusive podcast on the horizon, and its tapping well-known talents yet again. The upcoming show is called I’m Gonna Be Kevin Bacon, and Kevin Bacon will be in the story playing himself. Continue Reading
Spotify announced today that it is ending its beta test of direct distribution for independent artists. The streaming service conducted a trial for nearly a year, which allowed indies to upload their music directly to Spotify rather than relying on a third-party service. Continue Reading
Apple has been facing criticism over its App Store for many months, including a direct challenge from Spotify about the share it takes of subscription fees. Apple has issued a response to the anti-trust complaint Spotify filed against it in the EU in March, but both companies have some holes in their arguments. Continue Reading