Spotify’s day of reckoning is getting closer as the music-streaming giant kicks of its public listing push with its official Investor Day presentation later today. The event is scheduled to be livestreamed from around 10 a.m. (Pacific), but ahead of the big broadcast the company has posted a handful of promotional videos outlining various asp…Read […]
Tag: Spotify
Spotify is building a firewall to keep its founders in control
LeWeb Spotify just filed the paperwork for its direct public listing. Like Snap, Facebook, and other tech companies that have gone the traditional initial public offering route, Spotify engineered a firewall to ensure the founders stay in control. Spotify has created a class of “beneficiary certificates” that carry voting power but no economic power. Spotify […]
Spotify plans to join the hardware race, but what can it offer?
Enlarge (credit: Spotify) Job listings recently posted by Spotify suggest that the company is close to launching one or more connected hardware products. Currently open job listings relevant to the company’s hardware ambitions include Operations Manager – Hardware Product, Project Manager – Hardware Production & Engineering, Product Analyst – Hardware Products, and Senior Project Manager […]
Apple Music could overtake Spotify in the US this summer
Spotify’s lead in paid music streaming might not be as impregnable as it looks. The Wall Street Journal has obtained industry figures suggesting that Apple Music is growing faster than Spotify in the US, adding 5 percent to its base every month versus ‘just’ 2 percent for Spotify. If that rate continues, Apple could surpass […]
Spotify now shows songwriter and producer credits
Spotify announced today that when listening through the desktop platform, users will now be able to view song credits. Starting now, right-clicking on a track and selecting “Show Credits” from the menu will bring up its performer, writer and producer credits as well as the source from which that info was provided. Spotify says that […]
Discord members can now spin tunes with social Spotify integration
Discord has a new feature for its community-based social network that enables people to share details about their music through the Spotify streaming service. This enables people to add more elements of their personality into their presence on Discord, which is already a home for thousands of fandoms. As part of this collaboration, Discord will […]
Ruling raises songwriter royalties from Spotify, Apple Music by 44%
Jimmy Iovine announces new Apple Music app. (credit: Megan Geuss) The mechanical royalty rates from streaming—royalties paid out to songwriters and publishers, as distinct from those paid out to performers—will increase by nearly 44 percent over the next five years. This comes as a result of a ruling from the United States Copyright Royalty Board […]
Hackers stealing customers’ Spotify details via WhatsApp scam
A WhatsApp phishing scheme designed to steal the details of Spotify accounts has been revealed in Spain. READ MORE: Spanish parents may spy on kids’ WhatsApp chats, court rules Spanish users of the messaging service reported receiving a WhatApp message purportedly containing a URL for a one-year free subscription to Spotify Premium, the ad-free version […]
Drake breaks single-day streaming records on Apple Music and Spotify (updated)
Poor Tay Tay. The queen of pop music has just been deposed on the streaming service she fought with most by none other than Drake himself. According to Pitchfork, the artist’s latest song, “God’s Plan” now holds the title for the most streams in a single day ever. When reached for comment, Spotify confirmed the […]
Facebook could learn a lot from Spotify when it comes to making money from video (FB)
Kevork Djansezian / Stringer / Getty Images Facebook is trying to figure out the right video ad model for Watch. It’s not clear whether consumers will be OK with pre-roll or mid-roll ads. A solution may lie in Spotify’s video ads, which are upfront with consumers about giving them 30 minutes of music with no […]
