Read Spotify CEO Daniel Ek’s Layoff Letter To Staff [Full Text]
Spotify CEO Daniel Ek sent a letter to staff Monday announcing layoffs of 17% or about 17% of global staff. Over the day, Wall Street sent Spotify stock higher as. Continue reading
Spotify layoff details emerge as stock finished up sharply Monday [NYSE: SPOT]
UPDATED: Even while the overall stock markets declined on Monday, Spotify finished sharply up after news emerged that the streaming company was cutting almost 1,600 jobs or roughly 17% of. Continue reading
Spotify cuts 1500 jobs in third round of layoffs this year
UPDATE: Spotify has laid off 17% of its global workforce, or 1500 of its estimated 9000 employees, the streamer said in a memo to staff Monday. This round of layoffs. Continue reading
Spotify stock up Monday AM as Wall St. reacts to layoffs [NYSE: SPOT]
1500 Spotify staffers are losing their jobs just before Christmas, and on Monday morning Wall Street rewarded CEO Daniel Ek’s cost-cutting move with a strong rally. In a memo to. Continue reading
Spotify is pulling out of Uruguay due to poorly written law
Due to frustration with the lack of compensation that artists have been dealing with their music streams from Uruguay, Spotify has decided to pull out altogether. by Bobby Owsinski of. Continue reading
WEEKEND MUST READ: Ex-Spotify Economist Will Page pulls no punches
This Weekend’s Must Read is the transcript of an interview with music industry economist and truth-teller Will Page, who sat down for a bonus episode of the Your Morning Coffee. Continue reading
The benefits of Spotify re-positioning its two-tier licensing [Mark Mulligan of MIDiA]
Spotify’s new licensing changes are said to bring multiple benefits to the streaming platform like preventing fraud, sifting through extra noise on the app, and more. Mark Mulligan of MIDiA. Continue reading
Weird Al’s Spotify Wrapped mocks payouts: ‘Thanks for the sandwich!’
Weird Al Yankovic has used his personalized Spotify Wrapped 2023 video to fans to take a swipe at the size of the checks he receives from Spotify. After thanking his. Continue reading
Will Page pulls no punches in Your Morning Coffee interview [Transcript & Audio]
Music industry economist and truth-teller Will Page sat down with Jay Gilbert and Mike Etchart for a special bonus episode of the Your Morning Coffee podcast to discuss the value. Continue reading
Spotify Wrapped is LIVE with new features to connect artists and fans
Spotify Wrapped 2023, the streamer’s personalized look back at the year in streaming, is now live, including new features to help artists share their year in music with fans. Starting. Continue reading
Spotify exits Uruguay after new law requires payments to performer [Chris Castle]
Spotify is pulling out of Uruguay after a new law was passed requiring that featured and nonfeatured performers be compensated by streaming services. In the US and most countries, non-interactive. Continue reading
