Netflix or Spotify: Investors shouldn’t tar streamers with the same brush says US investment bank June 9, 2022 Investment bank Raymond James said music streaming is in a better position than video streaming, urging investors not to dump streaming shares too quickly. It comes after Netflix continues to ride out a rocky few months, with shares down 66 per cent in the year to date thanks to dwindling subscribers and a downbeat outlook [...]
Spotify brings back political ads as the US gears up for midterm primaries May 25, 2022 Spotify has quietly brought back political adverts in the US, after pausing them in the lead up to the contentious 2020 election.
Chart topper: Audioboom marks maiden profit after true crime podcast boom April 25, 2022 Podcast firm Audioboom has made a maiden profit after success with true crime podcasts and beating its own records for monthly downloads. In final audited results for the year ended 31 December 2021, the London listed firm posted revenue of $60.3m, an increase of 125 per cent on 2020. The firm reported maiden annual net [...]
The Obamas say goodbye to Spotify as big streamers get knocked off pedestals April 21, 2022 The Obamas are reportedly gearing up to abandon Spotify, with ambition to create more content on more platforms.
EU regulators set to whack Apple Music with another antitrust charge April 11, 2022 European regulators are set to whack Apple Music with an additional anti-trust charge following Spotify's complaints about the tech giant distorting competition in the market.
Recorded music revenue grew 18 per cent last year with streaming leading the way March 22, 2022 The global recorded music market grew by 18.5 per cent last year, driven largely by paid subscription streaming.
Spotify Camp Nou: Streaming giant pens £250m sponsorship with Barcelona March 16, 2022 Spotify have agreed a four-year sponsorship deal with Barcelona worth £250m that will result in the club’s stadium being renamed “Spotify Camp Nou” from July. The streaming giant will feature on the front of the men’s and women’s team shirts for the next four seasons, replacing Japanese firm Rakuten as the main sponsor. It comes [...]
Spotify content chief calls Joe Rogan backlash a ‘real learning experience’ February 9, 2022 Spotify’s chief content officer Dawn Ostroff told advertisers at a New York conference today that the Joe Rogan backlash had been a “real learning experience” for the company. “We do feel that we have a responsibility to support creator expression, but also balance that creator expression with safety for our users and for our advertisers,” [...]
Joni Mitchell joins Neil Young asking Spotify to remove her songs over Covid row January 29, 2022 Joni Mitchell has joined Neil Young and asked Spotify to remove all of her discography following a row with podcaster Joe Rogan over Covid misinformation. “I’ve decided to remove all my music from Spotify,” the author of ‘Both Sides Now’ and ‘Big Yellow Taxi’ said on her website last night. “Irresponsible people are spreading lies [...]
Spotify removes Neil Young tunes following Rogan vaccine row January 27, 2022 In a growing sign that the biggest digital tech platforms are becoming effective publishers, Spotify vows to remove Neil Young following a feud over podcaster Joe Rogan’s false Covid claims. In an open letter to his manager and record label this week, Young demanded that his songs be removed from the streaming platform, after he [...]