Spotify stock update: Price is holding around $150, analyst reactions, Sony’s windfall

Posted on by Anna Washenko

Spotify has been trading on the New York Stock Exchange for two full days, meaning we’re starting to see the streaming service’s shares near a potential equilibrium after the hotly-anticipated direct listing. The business debuted on April 3 at about $165 per share for a valuation of about $30 billion. Today’s trading opened at about $150 per share and, as of publish time, it has hovered near that price since. Continue Reading →

Infinite Dial Canada 2018: Google leads for smart speakers

Posted on by Anna Washenko

The Infinite Dial Canada looked at the uptake of smart speakers in the country, as well as pointing out some unique trends compared with the southern neighbors. In Canada, smart speaker ownership is 8% of the adult population. People aged 35-54 were most likely to own smart speakers at 11%, followed by ages 18-34 at 10%. Continue Reading →

Infinite Dial Canada 2018: Podcasting has a firm base in Canada favoring at-home listening

Posted on by Anna Washenko

Podcasting has built a solid following in Canada, and listenership is keeping pace with the format’s progress in the United States. The Infinite Dial Canada found that 61% of Canadian adults are familiar with podcasting, tracking even with 64% familiarity reported in the U.S. survey. Continue Reading →