Spotify Technology Stock News

Spotify's aggressive expense reductions, including deep layoffs, are driving significant profitability gains while maintaining double-digit subscriber and ad revenue growth. Despite macroeconomic headwinds, Spotify continues to deliver strong user and premium subscriber growth, exceeding expectations and showcasing resilience and market opportunity. Price increases have proven effective, suppor...

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Artificial intelligence will encourage more people to create music in the future and is not a threat to the industry, the founder and CEO of streaming giant Spotify said.

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Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates that its recent update supporting web payments has resulted in “a significant increas...

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Spotify announced on Monday that Apple has approved a new app update, allowing iPhone users in the U.S. to purchase individual audiobooks directly within the app. Users can also view audiobook prices and easily buy additional listening hours beyond the initial 15 hours.

Spotify announced last week that it would roll out public play counts on all podcasts as a way of “helping attract new fans.” But podcasters swiftly responded with criticism of the new feature — mainly, that it would further promote podcasts that already have large audiences while making smaller shows less appealing to new listeners.