Spotify has revealed record-breaking profits and a significant increase in subscribers in its latest quarterly report. In April, the company revealed record gross profits exceeding...
Spotify
The Swedish streaming giant has added seven million subscribers and achieved record profitability in the last three months
It could reportedly cost an extra $5 per month for subscribers who opt in
The company says the hikes will happen so that it "can continue to invest in and innovate on our product features"
Musicians and music fans have hit back at Daniel Ek's comments, pointing out the many challenges associated with forging a career as an artist
This is despite the streaming platform recently increasing its monthly subscription charges by $1
The Swedish streaming giant has revealed gross profits exceeding €1bn (£860m)
The streaming giant reportedly hopes to “appeal to young users, while generating new revenue for artists”
Next month, the Swedish streaming giant will increase the price of its individual premium service plan from £10.99 to £11.99
Customers could soon be paying for more services, according to reports
The streaming giant has partnered with BBC Maestro, PlayVirtuoso, SkillShare and Thinkific
"I'm going to be able to drop way more music"
Representatives Rashida Tlaib and Jamaal Bowman have introduced the bill to Congress, working together with the Union of Musicians and Allied Workers
158.6 million tracks fell short of the 1,000 mark while almost a quarter received no streams at all
The Swedish streaming giant's share prices surged after it laid off 1,500 employees last week
“To be blunt, many smart, talented and hard-working people will be departing us,” said the company’s CEO Daniel Ek
Spotify will also target "functional" non-music noise with several new policies
The Swedish streaming giant won't pay artists royalties for their music until they hit a minimum number of plays per year, new report confirms
Changes to minimum stream count and fraud policies could help redistribute $1billion
The new tier includes lossless audio, 30 hours of audiobooks and advanced playlist filtering
Artists can now pay for a song or an entire album to appear as a mobile banner on the newly revamped homepage
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