Spotify has acquired Soundtrap, an online music studio that lets people collaborate on music creation in real time. Financial details of the deal were not disclosed. Soundtrap’s service will continue to be available. Continue Reading
Spotify has hired a new managing director for the region of Europe, the Middle East, and Africa. Michael Krause was most recently at Deezer, spending a year as CEO of EMEA for the music company. Continue Reading
Spotify has shared a report investigating the range of music its members listen to on the streaming service. Using its own internal data, the company said that Spotify listeners are hearing 37% more artists than they were in 2014. That’s an increase from nearly 30 artists streamed per week to about 41 artists streamed per week. Continue Reading
Spotify has hired a new leader for its public relations team. Dustee Jenkins will be the streaming service’s top communications official, joining Spotify from the same role at retailer Target. Continue Reading
Sonos is adding support for playing Spotify via Alexa voice commands on its speakers beginning December 21. The news came from a support forum post. Neither its current speakers with an Echo Dot nor the new Sonos One are able to use voice controls to play music from Spotify. Continue Reading
Spotify has once again collaborated with market research firm TNS for The New Audio report for 2017. The survey of nearly 9,000 people in 10 major U.S. markets point to Spotify’s ad-supported tier as a complement to radio advertising. Continue Reading
Spotify’s approach to video appears to be in a state of flux. Bloomberg reported that Spotify has cancelled its original video series. Unnamed sources told the publication that the strategy reboot is part of an effort to find a monetization strategy that doesn’t involve recorded music and royalty payments. Continue Reading
Spotify’s UK operations collected revenue of £237 million in 2016, up 27% from the previous year. Subscription revenue was the main driver of the year’s growth with a 26% increase. Continue Reading
Brief news items and worthy reads from around the web: A difficult road for Apple’s video plans. Behind the scenes at Sonos. Take your Spotify listening to the Upside Down. Continue Reading
Investment bank (and Spotify investor) GP Bullhound released a new paper projecting that Spotify could be valued at $20 billion by the time the streaming service goes public. It also projected subscriber growth reaching 100 million by summer of 2018. As of July 2017, Spotify had 60 million subscribers. Continue Reading
Spotify has introduced a new platform for helping promote emerging artists called RISE. Performers selected for RISE will receive preferential, mixed-media playlist placement, and editorial programming within Spotify. The music company will also support the artists with special live events and television ads. Continue Reading
Spotify is rumored to be launching in Romania next month. A few local blogs have posted that the streaming platform will be arriving in the European market on November 28. Continue Reading