Spotify [NYSE: SPOT] stock ends week up 22%
UPDATED: On Friday morning, Spotify [NYSE: SPOT] stock was trading at $122.57, up $21.90 or 21.75% s since the streamer offered Wall Street a mixed Q4 report on Tuesday. After. Continue reading
Drake wants a ‘Lebron-sized’ bonus from Spotify for passing 75B streams
Drake responded to the news that he was the first artist in history to accumulate more than 75 billion streams on Spotify with a challenge to the streamer to pay. Continue reading
Spotify is up after Tuesday’s financial report
Spotify [NYSE: SPOT] stock rose another 4.82% on Wednesday, closing the day at $118.14 By mid-morning on Thursday, it was trading at $120.79, up another 2.24%. The stock also rose. Continue reading
New ‘Friends’ tab and CEO Daniel Ek signal a more ‘social’ Spotify
A new “Friends” tab and comments this week from CEO Daniel Ek point to Spotify becoming a much more social platform. The ability for fans to share and communicate with. Continue reading
A guide to Releasing Music in 2023 with Randall Foster of Symphonic
If you are releasing music in 2023, this is the place to start. A major part of any recipe for success is creating an honest and thorough plan to make. Continue reading
UMG, TIDAL partner to develop an Artist & Fan-friendly streaming model
UMG is partnering with streaming service TIDAL to develop a new economic model for music streaming “that might better reward the value provided by artists” and more closely reflect fan. Continue reading
Why does Latin music always top the global charts?
It is no secret that Latin music finds success in all corners of the world…but how? Is it how amazing it is or something else? by Janelle Borg of AmplifyYou. Continue reading
Spotify grows to 489M users, 205M paid subscribers as losses jump 44%
Spotify ended 2022 with 489 million monthly users, including 205 million paid subscribers. But operating costs jumped 44%, and Q4 losses widened to €270M/$282M, up from €39M/$42M in the previous. Continue reading
Is music streaming growth slowing down? [Mark Mulligan]
It is a perfect storm, according to top industry analyst Mark Mulligan of MIDiA, with the volume of disruptive trends is accelerating at the same time that the Western music. Continue reading
Music piracy looks different in 2023 and it costs artists millions
From copying CDs to Napster to ripping YouTube audio, music piracy has long been a problem. As we begin 2023, we see piracy taking on a new form, and it’s. Continue reading
6% of Spotify staff laid off, new co-Presidents named as Ostroff exits
CEO Daniel Ek confirmed Monday that Spotify had joined the growing number of tech companies laying off workers. In a letter to staff, EK said that the layoffs were ained. Continue reading
