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
Spotify's stock jumped more than 3 per cent to reach $108.98 per share after the investment announcement came late on Friday
Some iPhone owners also found the bug was causing Apple Music to make it default music service for Siri requests, kicking off Spotify
Spotify is reportedly adding vertical scrolling to podcasts on the audio platform
With the acquisition of Podsights, Spotify will be able to help advertisers understand how podcast ads drive actions that matter to their businesses.
The Swedish music streaming company also reported its fourth quarter (Q4) results for 2021, taking its paid subscribers to 180 million globally.
As per GSM Arena, this move does not affect the limited six-month trial program awarded for a limited time with the purchase of some Apple devices
Cupertino-based tech giant's Apple Music accounts for 15 per cent of the global music streaming market, still falling behind streaming giant Spotify, which holds more than 30 per cent