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The latest news from Spotify, including the latest product features, financial reports, company acquisitions, artist royalties, and industry analysis.

Spotify Suffers Multiple Outages In January As Hundreds of Employees Receive Layoff Notices

Dylan Smith

January 27, 2023

Photo Credit: Thibault Penin Spotify has now suffered at least two outages in as many weeks, and the second of these service interruptions occurred soon after the Stockholm-headquartered company laid off hund... Read More...

Spotify Stock Rebounds Past $100 Per Share Following Layoffs Announcement

Dylan Smith

January 24, 2023

The per-share price of Spotify stock (NYSE: SPOT) has rebounded past $100 for the first time since September, after the Stockholm-based company announced plans to trim its workforce by about six percent. Wh... Read More...

Miley Cyrus’ ‘Flowers’ Sets Spotify Record for Most Streams in a Single Week — 101 Million Plays and Counting

Dylan Smith

January 20, 2023

Miley Cyrus performing live in 2019. Photo Credit: Casey J. Hopkins Miley Cyrus’ “Flowers” has set a Spotify record for the most streams in a single week, with north of 100 million on-platform plays to its cr... Read More...

Spotify and Deezer Urge the European Commission To Take Swift Regulatory Action Against Apple: ‘Consumer Harm Will Continue Until a Remedy Is Enforced’

Dylan Smith

January 19, 2023

Brussels' Berlaymont building, which serves as the headquarters of the European Commission. Photo Credit: EmDee After providing fake-stream data to the French government while Apple Music opted not to do so, ... Read More...

1-3% of France’s Total Music Listening Resulted From Fake Streams In 2021, Study Finds: ‘These Practices Have Become Widespread’

Dylan Smith

January 18, 2023

Paris, France. Photo Credit: Isaiah Bekkers Citing data from Spotify and others, a new report has suggested that at least one to three percent of France’s on-demand music streams – or roughly one to three bil... Read More...

The Weeknd’s ‘Blinding Lights’ Tops Ed Sheeran’s ‘Shape of You’ to Become Spotify’s Most-Streamed Song of All Time

Dylan Smith

January 2, 2023

Photo Credit: Pedro Mora / CC by 3.0 The Weeknd’s “Blinding Lights” has officially surpassed Ed Sheeran’s “Shape of You” to become the most-streamed Spotify song of all time. Word of the stream-total shift ... Read More...

Spotify Stock (NYSE: SPOT) Dropped By Almost 70% In 2022 — Will Things Turn Around During 2023?

Dylan Smith

December 28, 2022

Spotify stock (NYSE: SPOT) has suffered an almost 69 percent valuation dip since 2022's beginning, raising questions about shares’ path forward in the new year. When the market closed today, Spotif... Read More...

Mariah Carey Breaks Spotify’s Single-Day Global Streaming Record With ‘All I Want for Christmas Is You’

Dylan Smith

December 27, 2022

Photo Credit: WBLS / CC by 3.0 Mariah Carey’s perennial holiday favorite “All I Want for Christmas Is You” has broken Spotify’s single-day global streaming record. This latest commercial feat for the nearly... Read More...

Spotify Had the Largest Single Outage of 2022, According to DownDetector

Ashley King

December 21, 2022

Photo Credit: Felipe Pelaquim Spotify suffered the largest service outage of 2022, according to a report from DownDetector. The website is responsible for monitoring outages across major services like Google... Read More...

Morgan Stanley Once Again Reduces Spotify Stock (SPOT) Target Price, This Time to $105 Per Share

Dylan Smith

December 20, 2022

Morgan Stanley has once again sliced its Spotify stock (NYSE: SPOT) target price, this time to $105 per share. New York City-headquartered Morgan Stanley recently disclosed its updated Spotify stock target ... Read More...

Spotify Axes Multiple Live Audio Shows Following Podcast Cancellations, Layoffs

Dylan Smith

December 14, 2022

Photo Credit: Thibault Penin After canceling a number of original podcasts and making related layoffs, Spotify has officially cut several live audio shows. The Stockholm-based platform’s latest effort to dia... Read More...

Spotify CEO Daniel Ek Renews Apple Criticism, Regulatory Push: ‘Talk Is Helpful But We Need Action’

Dylan Smith

November 30, 2022

Amid Twitter owner Elon Musk’s much-publicized spat with Apple, Spotify CEO Daniel Ek has renewed his own criticism of the Cupertino-headquartered company, and specifically the fees that developers must pay o... Read More...