Page 3 - Music Streaming Apps

Spotify CFO becomes one of thousands departing the streaming service

Spotify's chief financial officer will step down next year, according to the music streaming service, just days after it announced its third round of layoffs for 2023. In a statement announcing CFO Paul Vogel's departure, CEO Daniel Ek said that the two had come to the conclusion that Spotify is entering a new phase and needs a CFO with a different mix of experiences. Spotify said this week that it would be axing 17 per cent of its global workforce, citing the need to slash costs and become profitable. About 1,500 people will lose their jobs, a spokesperson confirmed. Shortly after the layoffs were announced Monday, Spotify's stock jumped about 8 per cent. On Tuesday, Vogel moved to sell more than USD 9.3 million worth of shares, according to securities filings. Two other senior executives also cashed in over USD 1.6 million in shares, The Guardian reported. The Associated Press reached out to Spotify for further comment on Friday. Vogel will leave Spotify on March 31. Ben Kung,

Spotify to restrict features in free tier to boost subscriptions in India

Spotify would not allow users on free tier to use rewind tracks and reorder track list features, but it would put no restriction on streaming

Airtel Wynk music streaming app gets Dolby Atmos on Android, iOS: Details

Wynk Music said that it would add music catalogue from Yash Raj Films (YRF), Saregama, and Phonographic Digital Limited (PDL) in Dolby Atmos format in eight languages

The shape of non-music streaming mkt: OTT audiences tune in to spoken word

Last year, Indians paid over Rs. 1,000 crore to listen to (audio) books, drama series and political discussions among other things, going by data from London-based research firm Omdia

Spotify to lay off 200 workers in podcast division, about 2% of streamers

The company has resorted to aggressive expansion to supplement its earnings from music streaming with other revenue-generating formats such as podcasts

YouTube rolling out song, album credits to its music streaming service

The feature, where users can instantly see detailed song information, such as who the singer is and who wrote, produced, and composed each track, has long been a part of many other streaming services

Spotify world's 1st music streaming platform to surpass 200 mn paid users

The company last week announced to slash 6 per cent of its workforce, or about 600 staffers, globally, and Ek announced that he was too ambitious in investing ahead of their revenue growth

YouTube Music adds mood filters in 'activity bar' for song choices on web

Google-owned music streaming platform YouTube Music gets mood filters, i.e. "activity bar" with various moods to tune what appears in the Home feed on the web

Music streaming platform Spotify's website, app restored after brief outage

Music streaming platform Spotify on Friday said that it has fixed the issue that affected its website and application

Spotify to start handing over pink slips as soon as this week: Report

In October, Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios

Apple continues working on classical music app after a year's delay: Report

Tech giant Apple is reportedly working on a standalone classical music application, according to hidden code found in iOS 16.3, which it planned to release last year

Music-streaming platform Spotify launches 'New Year's Hub' playlist

Some 82,000 New Year's Eve playlists were created between December 25, 2021 and January 31, 2022, and around 40,000 playlists were created on New Year's night itself

Spotify's Anchor app may be rebranded as 'Spotify Creator Studio'

Last month, Spotify added a one-button voice isolation feature in its Anchor app for podcast creators

Music streaming app Spotify to bid farewell to several of its audio shows

In April, the Swedish audio service had integrated its live audio capabilities from its companion app, Spotify Greenroom, into its main app itself

Spotify expands audiobooks to more countries beyond US: Details here

Audiobooks shows up with a lock icon on the play button, indicating that users have to purchase it in order to listen

Whole lotta zeros: Apple Music crosses 100 million song barrier

Apple Music says the milestone cements it as the world's largest catalog of music, more than YouTube Music's 80 mn songs, Spotify's 82 mn tracks and podcasts, and Amazon Music's 90 mn songs

Fighting to survive, Tencent-backed music app Gaana turns to subscriptions

Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to try to avoid closing down after failing to secure fresh funds

Spotify to allow users to post audio reactions to music playlists

Swedish music streaming platform Spotify is working on a new feature to let users post audio comments or reactions to music playlists

India at 75: Top 10 caller tunes to celebrate 76th Independence Day

With India celebrating its 75 years of independence, many good songs can be used as caller tunes to celebrate the glory of India. Read more know the top 10 caller tunes to celebrate Independence day

Short-video leader TikTok now plans own music streaming service

After dominating the short-video format market andAgiving jitters to Meta (formerly Facebook), TikTok parent company ByteDance is now eyeing the music streaming market with launching 'TikTok Music'