Spotify is cutting two percent of its workforce, affecting around 200 employees mostly in the podcasting business. Announcing the layoffs on Monday, the audio streaming company posted a newsroom statement adapted from an internal memo by head of the podcast business Sahar Elhabashi. Spotify ...
Spotify has not reported an annual net profit in all the years it has been public. Part of this is due to the royalty fee split it has with publishers, in which it only takes 30 percent of profits. Spotify net income / loss 2009 to 2023 ($mm) ...
Spotify announced the acquisition of The Ringer, a media company with a fledgling podcast operation. The purchase builds on its prior deals with Gimlet Media, Parcast, and Anchor, along with its other original programs.
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. ...
And of all places you should be able to make a podcast about music with music in it, it’s Spotify. But according to Spotify spokesperson Jordan Smith, Music + Talk did not have much impact outside of the music podcasting niche. “Music + Talk was a format we had high hopes for, ...
Music streaming made up for 80 percent of the revenues of the Music Industry in the first half of 2019. Of that 80 percent, the app with the highest stake is Spotify. That is telling of how fast the transition from physical music, which is by no means extinct, to digital has transpired...
Before I think about what those different things can be I want to point out that during the podcast Li pointed out that not all creators are the same, they exist on a gradient. In a similar vein, not all fans are the same either. ...
So, you might soon be able to pull users to one single platform to view audio and video versions of your podcast episode instead of juggling between YouTube and Spotify (or Apple, other podcasts services). This freedom should creators more ways to interact or grow their audience on Spotify ...
Besides your music, there are other types of content that you can publish on Spotify. Podcasts are the main one, and with Spotify’s “Music + Talk” feature, putting together a combination podcast/radio show is incredibly simplified (if the music is on Spotify). You can publish spoken com...
demoed a carousel of playlists that will be tailored to particular members on a new "Now" start page, including video clips from Vice News, Viacom's Comedy Central and Nerdist News. Spotify's main catalog of songs will be interspersed with these clips as well as podcast spoken-word tracks....