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Spotify News
Metro
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Spotify is charging £2 more for some Premium subscriptions – how much will you pay?
- Spotify has announced a second price hike for Premium subscriptions, affecting millions of users.
- The cost of Spotify Premium in the UK will increase from £10.99 to £11.99 per month for Individual accounts.
- The Duo subscription will now cost £16.99 per month, and the Family option will go up to £19.99 per month.
- Spotify Premium offers ad-free music, unlimited skips, offline listening, and AI playlist features.
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Insider
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How to get the Spotify Student discount: Spotify and Hulu for only $6 a month
- Spotify Premium Student offers college students a great way to save on both Spotify and Hulu.
- Eligible students can get Spotify Premium and ad-supported Hulu for only $6 a month.
- To sign up, students need to verify their enrollment status through SheerID and provide payment information.
- Spotify Premium Student includes ad-free Spotify music streaming and ad-supported Hulu, saving students $13 a month.
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HRKatha
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Spotify’s layoff fallout: CEO admits challenges despite profits
- Spotify executed its largest ever round of layoffs, but the aftermath has proven more challenging than expected.
- The lingering effects of severance packages and a larger-than-expected gap left by departed employees posed operational challenges.
- Despite record profits and revenue growth, Spotify fell short of its projected targets.
- CEO Daniel Ek acknowledged the hurdles caused by the layoffs and expressed confidence in overcoming them.
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Insider
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Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
- Spotify CEO Daniel Ek has acknowledged that laying off 1,500 employees in December created a significant challenge for the company's day-to-day operations.
- Ek stated that though it disrupted operations more than anticipated, the decision was strategically correct and they have managed to overcome the challenge.
- In the first quarter of 2024, Spotify reported a quarterly profit of €197 million ($210 million) compared to a loss of $241 million in the same period last year.
- Despite the layoffs, Spotify has seen positive results, becoming a go-to spot for music lovers and achieving success with Taylor Swift's latest album.
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Tech Story
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Spotify turns a Profit, predict Paid subscribers will rise Spotify's Profit Surge: A Result of Subscriber Growth and Diversification
- Spotify has reported a profit in the first quarter, driven by growth in paid subscribers and diversification.
- Paid subscribers increased by 14% YoY, reaching a total of 239 million.
- Spotify is expanding beyond music streaming by introducing audiobooks to its subscription plans.
- The company is implementing new pricing models and focusing on audiobook expansion to maximize revenue potential.
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Pymnts
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Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
- Spotify reports a strong start to its 'year of monetization' with significant revenue growth and user growth in Q1.
- Monthly active users (MAU) increased by 19% YoY to 615 million, while subscribers rose by 14% to 239 million.
- Total revenue surged by 20% YoY to 3.6 billion euros ($3.8 billion) with gross margin reaching 27.6%.
- Spotify plans to implement price increases in certain markets, reflecting the value enhancements in its music, video, and podcasting platforms.
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Mobilesyrup
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Image Credit: Mobilesyrup
Sonos updating mobile app with deeper Spotify and Apple Music integration
- Sonos is planning a substantial software update that aims to make its music-playing section more browsable by combining content from Music streaming apps like Spotify and Apple Music right on the main page of its app.
- The most substantial change is a new home screen and removing the bottom nav bar. Instead, there's a now-playing widget at the bottom of the screen to make it more convenient to control audio playback and group speakers.
- This app is expected to pave the way for Sonos to launch its wireless over-ear headphones. These have been rumoured for years, so perhaps this app is finally the last piece of the puzzle needed before their release.
- The app upgrade looks great and hopefully functions much faster than the current Sonos S2 app. This is the main thing it needs to improve if Sonos wants people to use it as a streaming service.
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Insider
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Image Credit: Insider
Taylor Swift fans are 'Down Bad' for her new double album, smashing streaming records on Spotify and Apple Music
- Taylor Swift's latest album, 'The Tortured Poets Department,' has broken records on Spotify, Apple Music, and Amazon Music.
- It became the most-streamed album in a single day on Spotify and Amazon.
- The song 'Fortnight' featuring Post Malone became Spotify's most-streamed song ever in a single day.
- Swift's fans showed up in a streaming frenzy, making the album a huge success.
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Medium
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Image Credit: Medium
Spotify Listening History Aggregator (Part II)
- In Part One, the author showed how to use AWS Lambda function to pull listening history every few hours and save it to a database.
- Part Two focuses on visualizing the listening history in a web application using Next.js and Tailwind.
- The author used Prisma ORM to handle interaction with the PostgreSQL database.
- Part Three will cover advanced analysis of listening history and recreating common data analysis found in Spotify Wrapped.
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Medium
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Image Credit: Medium
Spotify’s new AI playlists
- Spotify has introduced new AI playlists that allow users to define exactly what they want to listen to.
- Users can enter a text prompt to create personalized playlists based on their specific preferences.
- The feature is currently in beta and available on Android and iOS devices in the UK and Australia.
- Spotify plans to introduce this feature globally in the near future.
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Macrumors
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Image Credit: Macrumors
Elusive Spotify Lossless Option May Arrive as Paid 'Music Pro' Add-on
- Spotify's lossless music experience, known as 'HiFi', may arrive as a paid 'Music Pro' add-on.
- Originally planned for 2021, Spotify's HiFi tier was impacted by the entry of Apple Music and Amazon offering lossless listening as part of their standard subscriptions.
- The latest rumors suggest that Spotify's lossless option will be part of a 'Music Pro' add-on, which will include DJ remix features.
- The pricing details for the 'Music Pro' add-on have not been disclosed yet.
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Mobilesyrup
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Image Credit: Mobilesyrup
Spotify’s anticipated lossless audio feature could be part of new ‘Music Pro’ add-on
- Spotify's lossless audio feature, anticipated for 2021, may be part of a new add-on called 'Music Pro' according to leaked details.
- Reddit user 'Hypixely' discovered strings of code in recent versions of the Spotify app, indicating the development of Music Pro.
- The Music Pro add-on is expected to offer lossless audio at up to 24-bit/44.1kHz FLAC, advanced mixing tools, and headphone enhancement.
- Spotify's current tier structure is likely to remain intact, with Music Pro being an optional add-on for subscribers.
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Androidauthority
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Image Credit: Androidauthority
Spotify’s lossless audio could be coming soon (for real this time)
- Spotify could be adding lossless audio to its service, according to code suggestions.
- Lossless audio may be offered as part of an optional 'Music Pro' add-on.
- There could also be a headphone optimization feature for specific models.
- The previously rumored 'Supremium' subscription tier has been replaced with 'Music Pro.'
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Tech Radar
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Spotify HiFi lossless audio could show up as a new Music Pro feature
- Spotify HiFi, the long-awaited lossless audio feature, might be coming as a new add-on called Music Pro.
- Code discovered in the Spotify for Android app hints at "16-bit and 24-bit high-fidelity sound" and "Lossless listening."
- The add-on may also include advanced mixing tools and playlist filtering features.
- There are no details yet on the price or release date of Music Pro.
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Insider
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I tried Spotify's AI feature to make playlists with text and emoji prompts. It's impressive but I'll still make my own.
- Spotify has launched AI Playlist in beta, a feature that creates playlists based on text or emoji prompts.
- The feature is currently available in the UK and Australia for premium users.
- AI Playlist can generate a playlist of 30 songs within seconds based on prompts referencing places, activities, emojis, and more.
- The feature has safeguards in place to prevent offensive prompts and is a convenient tool for saving time and discovering new music.
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