music streaming

Spotify reports its first full year of profitability, adds 35M monthly active users

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On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year. Spotify also reported an addition of 35 million monthly […]

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Spotify says it paid $10 billion to music industry last year

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Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 billion in industry payouts since its inception. This is another effort from Spotify to dispel reports that the company doesn’t reward artists properly for their work. The key point

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Spotify’s partner program for podcast hosts is now available

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Spotify announced Thursday the launch of its new “Partner Program” that lets popular podcast hosts monetize their video content. Spotify’s new program gives qualifying creators on its platform opportunities for extra income beyond just advertising revenue, such as video payouts. The program was initially announced back in November and is officially available in the U.S.,

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Spotify has disabled Car Thing streaming devices

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Spotify has officially discontinued Car Thing, its in-car streaming device, with all units now disabled, the company confirmed to TechCrunch.  Earlier today, an X user noticed that their Car Thing is indeed no longer functioning, displaying a message that it’s “no longer operational,” along with a reminder of the refund terms valid until January 14,

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Spotify tests a video feature for audiobooks as it ramps up video expansion

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Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages, and the ability to add visuals that appear while users listen. These initiatives are part of Spotify’s effort to improve its audiobook offering and bring listeners closer to their favorite authors and stories. One notable feature being introduced

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Apple Music’s latest feature lets artists create dedicated playlists for concerts and tours

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Apple Music introduced a new feature for artists on Thursday to enable them to create playlists tied to their recent concert set lists.  Dubbed “Set List,” the feature acts as a new promotional tool for musicians to engage with their fans. It allows artists to turn their set list from a single show, residency, or

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Spotify adds a new, automatically updating playlist for offline listening

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Spotify introduced a new feature today called Offline Backup. This feature for premium users is essentially a list of songs you recently listened to and that you can consume offline. It updates automatically based on your listening history. Paid users can already download songs for offline consumption. But Spotify wants to give them more songs

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Apple TV+ free for Airtel postpaid and wi-fi customers in India

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Apple has struck a deal with Airtel to provide the Indian telecom giant’s subscribers with exclusive offers for its music streaming service. The partnership, announced on Tuesday, will also see Airtel bundle Apple TV+ for its premium customers in India, while simultaneously shuttering its own Wynk Music app. Airtel customers who have subscribed to Airtel’s

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