Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
Laying off 1,500 people in December ended up creating a "significant challenge" for Spotify, the company's CEO Daniel Ek said ...
Spotify cranks up the profit dial
Spotify has found its groove. News this week that the Swedish music streaming service had paid more than $10bn in royalties ...
Music Business Worldwide8d
Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023
Spotify CEO and co-founder Daniel Ek sold another USD $29.2 million worth of company shares on Wednesday (March 5), ...
Spotify signs Bill Simmons, its $250 million man, to a new deal
Bill Simmons will continue his namesake show covering sports and pop culture on Spotify and serve as the company’s head of ...
Spotify paid record $10 billion to artists last year
STORY: Spotify says it paid a record $10 billion in royalties to artists in 2024.The streaming giant said that was the ...
Silicon Republic2d
Spotify paid out $10bn in 2024, but many artists didn’t see profits
Spotify said that last year it paid out more than any other streaming service, however, more than half the artists still ...
Superfan Streaming Is Getting Closer to Being a Reality
Spotify is testing a superfan streaming product. How will it affect the industry? Artists, streaming services and customers alike may benefit.
Spotify Looks to Expand AI-Narrated Audiobooks On Its Platform
The company has partnered with AI software company ElevenLabs to allow more authors to use digital narration in their audiobooks.