The company has resorted to aggressive expansion to supplement its earnings from music streaming with other revenue-generating formats such as podcasts
Premium subscribers grew 15 per cent (year-on-year) to 210 million with better performance across all regions, led by Europe and Latin America
Music labels are now mulling an increase in the fees for dance and music-based reality shows for the use of their songs
Music streaming platform Spotify has said that it is shutting down its live-audio app -- "Spotify Live"
Zee Music had over two dozen tracks on Spotify's Daily Top 200 Songs chart for India on March 14
The new feature will sort the latest music and will look back at some of the users' old favourites, even the songs they haven't listened to for years
Users can choose up to 30 artist when creating a custom station, and can also specify whether they want to hear music just from those artists or from artists that are similar to those they have chosen
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
In October, Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios
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 could choose and suggest specific songs based on the types of exercises logged by users or even their speed
Last month, Spotify added a one-button voice isolation feature in its Anchor app for podcast creators
Fire TV customers will get personalised recommendations based on their likes and viewing history or they can also create their own mixes
Google-owned music streaming platform YouTube Music might soon allow users the ability to create a custom radio
In April, the Swedish audio service had integrated its live audio capabilities from its companion app, Spotify Greenroom, into its main app itself
Users can simply record in the Anchor mobile app and tap 'Enhance' to significantly reduce background noise for a clearer-sounding episode
According to Statista, audio OTT market in India is expected to be worth $2.5 billion by 2030
Swedish music streaming platform Spotify is working on a new feature to let users post audio comments or reactions to music playlists
As per one user on Reddit, the filter pills vary by song and they only mention it appearing for radio-generated queues
Introduced by Steve Jobs, the iPod was credited with helping to turn Apple from a nearly bankrupt company to an eventual $3 trillion behemoth