The major labels offloaded some of their stock in Spotify when the streaming service went public, but now both of its co-founders have done the same. Martin Lorentzon and Daniel Ek have both made moves to sell small amounts. Continue Reading
Spotify has embarked on several experiments in podcasting, and it is still finding ways to explore. The latest move is the first branded podcast for the streaming service. Spotify teamed with New Amsterdam Vodka for a show called Ebb & Flow hosted by Jasmine Solano, a DJ, music influencer, and ambassador for the liquor brand. Continue Reading
Brief news items and worthy reads from around the web: Spotify adds songwriter and producer credits on iOS. Audio Recording Through the Ages. Continue Reading
Bell Media, which operates the iHeartRadio product in Canada, has reached a deal with Spotify which extends distribution of Bell’s podcast catalog to that global giant. The arrangement includes The Jay and Dan Podcast, TSN Overdrive, and Mike On Much — all part of the iHeartRadio Canada Podcast Network Continue Reading
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
Spotify has been dedicated to its ad-supported free tier since the service’s inception, and is now slowly introducing an interesting feature which could make commercial interruptions more agreeable to listeners, and make the ad platform smarter for advertisers. Continue Reading
Spotify has been named the go-to music service provider for Samsung. Under the terms of a new arrangement, Samsung users will have seamless transitions when listening to Spotify on different devices. The deal covers listening on a range of Samsung’s hardware, from smartphones to smart televisions. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include a departure from Spotify’s Australia/New Zealand branch, plus new titles bestowed at YouTube and Ingrooves. Continue Reading
Warner Music Group posted its financial results for the period ending June 30, the major label’s fiscal third quarter. Total revenue for the period grew 4.5% on-year to $958 million. In addition to the financial updates, Warner also shared details about how it handled its Spotify stock. Continue Reading
Troy Carter will be departing his position as global head of creator services at Spotify in September. He will remain with the streaming service in an advisor. Continue Reading
Spotify’s UK team has promoted Austin Daboh to head of shows and editorial, as well as promoting a new team lead for the unit. Daboh’s new position fills the vacancy left by George Ergatoudis’ departure last month. Continue Reading
Spotify has shared its results for the second quarter of 2018, and the period yielded several positive figures for the streaming company. Quarterly revenue reached €1.273 billion, up 26% on-year. Premium listeners delivered most of that total. Continue Reading