“While each of these issues only impacts a small percentage of total streams, addressing them now means that we can drive approximately an additional $1 billion in revenue toward emerging and professional artists over the next five years,” the company blog post says. ...
Spotifyannounced that they were laying off 8% of their global workforce, including 200 employees in the Podcast Strategy Shift13 14. Assuming 2% wage growth for 2023, this will result in savings of ~€100m – about a quarter of 2022 net ...
Spotifydisclosed some key financial metrics of its podcast business for the first time — and while the $1 billion-plus the streamer has invested into podcasting so far has been a drag on overall profits, the company expects podcasts to eventually have higher margins than its core music biz. ...
‘One Dance’ by Drake, WizKid and Kyla was the first song ever to hit 1 billion streams on Spotify. As of writing, Ed Sheeran’s Shape of You is the most played song on Spotify These are the Most Streamed Songs on Spotify till date, each having more than a billion streams on the...
Spotify’s collection has around 4 billion playlists across all genres. Out of which, over 3000 are curated officially by Spotify. In the year 2020 alone, the music streaming platform added over 1 billion new playlists. Most Popular Playlists On Spotify The top 10 most-followed playlists on th...
Spotify These new tools aren’t just window dressing. The podcast advertising revenue pool is expected to hit more than $1 billion this year, according to theWall Street Journal (WSJ), and Spotify knows the key to grabbing the lion’s share of that money is attracting creators and listeners...
But they had to pay $1.4 billion in royalties and whatnot.Streaming music is a tough business. I suspect Spotify is trying all sorts of things to make money. That was 2014. Let's see how they do in 2015 before we say "clearly not enough". Reply 7 of 12 michael scrip Posts: 1...
Pop star Miley Cyrus is no stranger to Spotify’s Billions Club, and now we’re celebrating the membership of her 2013 hit “Wrecking Ball”—her sixth song to reach a billion streams. Watch the latest episode of “Billions Club: The Series” to see Miley and her sister Brandi discuss th...
To enable this type of research at scale, in 2018 we sponsored theRecSys Challenge 2018, which introduced the Million Playlist Dataset (MPD) to the research community. Sampled from the over 4 billion public playlists on Spotify, this dataset of 1 million playlists consist of over 2 million un...
With avaluation of over $72 billion, strong year-over-year growth in active users, with no signs of slowing down — Spotify has a bright future ahead. Some marketers have been slow to leverage this new medium of advertising, but maybe now it’s time to pay attention as time spent in ...