Page 5 - Spotify

Music-streaming platform Spotify testing new feature 'Your Offline Mix'

Music streaming platform Spotify is officially testing a new feature called -- 'Your Offline Mix', a playlist designed for users when they might not be online and still wants to listen

Spotify cutting about 2% of its workforce, affecting roughly 200 employees

Spotify is cutting about 200 people, or 2 per cent of its workforce, as the streaming company reworks its podcast unit. Sahar Elhabashi, vice president, Head of Podcast Business, said in a memo that impacted employees would receive severance packages including extended health care coverage and immediate access to outplacement support. In January Spotify announced that it was cutting 6 per cent of its global workforce, or about 600 jobs. Elhabashi also said Monday that the Stockholm company would be combining podcast networks Parcast and Gimlet into its Spotify Studios operation. With these changes, we will accelerate into the next chapter for podcasts on Spotify with strong discovery and podcast habits for users, thriving monetisation and audience growth for creators, and a valuable, high-margin business for Spotify, Elhabashi said. In afternoon trading, shares rose nearly 3 per cent and briefly set a 52-week trading high.

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

Spotify rolls out AI-powered DJ feature in UK for premium customers

Music streaming platform Spotify has started rolling out its AI feature called "DJ" for premium customers in the UK and Ireland

Scammers on music apps Spotify, Apple Music siphon billions from artists

Currently, much of the music industry is preoccupied with the newest threat - or maybe opportunity - to emerge from Silicon Valley

Spotify cleans up its playlists, removes thousands of AI-made songs

Premium subscribers grew 15 per cent (year-on-year) to 210 million with better performance across all regions, led by Europe and Latin America

Tinder owner Match Group swipes left on Russia, pledging exit by June 30

Many digital services providers with few staff in Russia, such as Spotify and Netflix, pulled out shortly after Moscow began its military campaign in Ukraine in February 2022

Music streaming platform Spotify shuts its live audio application

Music streaming platform Spotify has said that it is shutting down its live-audio app -- "Spotify Live"

Licensing dispute: Zee Music hits' exit no music to Spotify ears

Though Spotify had 500 million monthly active users globally (as of February 2023), there is no clarity on its India user base

Spotify has spent less than 10% of its $100 million diversity fund

The initiative got off to a slow start hiring staff and has suffered from shifting priorities, according to people familiar with the effort

Spotify users angry over missing songs from Zee Music as contract ends

Zee Music had over two dozen tracks on Spotify's Daily Top 200 Songs chart for India on March 14

Spotify announces launch of new features including 'Discover Mode' in India

Music streaming platform Spotify has announced new features for creators and fans at its "Stream On" event in Los Angeles on Wednesday, including "Discovery Mode"

Apple breached antitrust law in Spotify case, says European Commission

The European Commission updated its anti-trust case against Apple, sending a fresh statement of objections to the tech giant clarifying its concerns over App Store rules for music streaming providers

Music platform Spotify launches AI-powered personalised music feature 'DJ'

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

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

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 lays off 600 employees globally, CEO takes full responsibility

The company had just over 9,800 full time employees as of its last earnings report

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

Spotify, 7 other firms call on European regulators to crack down on Apple

Audio streaming platform Spotify and 7 other European companies are calling on European Commission to take "swift and decisive action" against Apple over 'anti-competitive' and 'unfair' practices

Google working on cross-device playback system features, says report

Google is currently working on adding support for YouTube Music and Spotify to this cross-device playback system