If broadcast radio felt disgruntled by on-demand listening apps before, now there is a new offense: Spotify has introduced a DJ feature which uses a synthetic voice to create a radio-like presentation of the user’s saved music. It is called AI DJ, and the tool uses generative artificial intelligence to intro and extro a mix of tracks from the user’s library. Click for a launch video. Continue Reading
Spotify was ready for investor questions about the recent reorg. The company’s remarks emphasized a shift from previous spending to future operational efficiency. This core message was connected to every aspect of the product, with some emphasis on podcasting (thanks to relentless investor questioning about the podcast business) and especially the recent departure of Dawn Ostroff, who ran the podcast business. Click for quotes. Continue Reading
“So, by the end of the year, we had more than 100 million tracks on our platform and more than 5 million podcasts and more than 300,000 audio books being enjoyed by almost 0.5 billion listeners.” –Daniel Ek, CEO, Spotify… Continue Reading
In the current issue of Bloomberg Businessweek, the publication argues (in the article’s subhead) that “Joe Rogan, Bill Simmons, and Call Her Daddy haven’t fixed the business.” Journalist Lucas Shaw describes the hiring of former TV/cable exec Dawn Ostroff, who… Continue Reading
Maya Prohovnik, who was Anchor’s first employee and is currently Director of R&D for Talk Verticals at Anchor parent company Spotify, will become Head of Talk, replacing Michael Mignano when he departs the company this month. Continue Reading
Spotify slightly missed its MAU (monthly average user) growth for the first quarter in an insistently upbeat investor call. No matter how the analysts received it, the public stock dropped to its lowest level ever, dipping below the IPO opening… Continue Reading
This Rumor Fact(ory) comes from Bloomberg, which reports unnamed sources saying that the Obamas will not renew their deal with Spotify on behalf of their podcast creation company Higher Ground. The Obamas are being courted by iHeartMedia and Amazon/Audible, according to those insiders. Continue Reading
Spotify has dropped an interactive graphic website which presents statistics promoting Spotify’s value (and the value of streaming music generally) to musicians at many levels. Up top, Spotify notes that it has paid over $30-billion in royalties to the music industry as a whole, including $7-billion last year. Following that is an interactive card deck, called Top 10 Takeaways,” which highlights selected payout metrics. And there is much more. Click for illustrations and a link. Continue Reading
Some buzz has developed around the idea of Spotify taking interest in NFTs. The evidence for this seems to come mainly from job listings that mention web3, the buzzword for cutting-edge online trends that include meta environment, blockchain decentralized ownership of digital things, and NFTs. Click for details and speculation. Continue Reading
When Spotify acquired Chartable and Podsights last month, it was clearly stated that Chartable would be integrated with Spotify-owned hosting and monetization platform Megaphone. Today we learn of progress in that integration. Chartable is winding down its attribution work and throwing it over to former competitor Podsights. Continue Reading
Spotify has announced what is, by our count, the third Sound Up program of podcast creation mentoring. This time the field is Kids & Family shows that will compete. At stake is what the company describes as “an immersive week of in-person training at our Spotify offices in Los Angeles, to be followed by a series of virtual workshops and classes, and finally production of a podcast pilot episode.” Click through for lots of detail. Continue Reading
In an ambitious and consequential grab, Spotify has acquired two pillars of podcast advertising attribution, Chartable and Podsights. The additions fortify Spotify’s inceasingly formidable podcast tech stack, at the center of which is the Megaphone hosting and ad-tech platform. Continue Reading