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Search Results for: "spotify"

mlc spotify lawsuit

The MLC and Spotify Won’t Be Settling Anytime Soon — Dismissal Arguments Ramp Up in High-Stakes Legal Battle

Dylan Smith
July 29, 2024
In turns out Spotify and the Mechanical Licensing Collective (MLC) won’t be settling their legal battle anytime soon, as the MLC has officially fired back against the streaming giant’s dismissal arguments. W... Read More...
spotify market cap

One Solid Earnings Report Later, Spotify’s Market Cap Is Now $23 Billion Larger Than Universal Music’s

Dylan Smith
July 26, 2024
With Spotify stock (NYSE: SPOT) riding high – and with Universal Music shares struggling – the streaming giant’s market cap is now about $23 billion larger than that of today’s biggest music company. The siz... Read More...
spotify stock

Let the Selloff Begin: Spotify Insiders Have Sold Over $139 Million in Company Stock Following Strong Q2 Financials

Dylan Smith
July 26, 2024
Why let a good rally go to waste? As Spotify shares (NYSE: SPOT) continue to hover well above $300 apiece following a positive Q2 earnings report, execs are selling off millions in stock. The sizable sellof... Read More...
Spotify Countdown

Spotify Expands Countdown Pages to Artists with 5,000 Active Listeners

Ashley King
July 25, 2024
Spotify expands its Countdown Pages to artists with 5,000 active listeners, more than a year after unveiling the feature. It’s been over a year since Spotify unveiled its Countdown Pages feature in March 202... Read More...
spotify bundling savings

It Pays to Bundle: Spotify Reveals Its Mechanical Savings Amid Intensifying MLC Legal Battle

Dylan Smith
July 25, 2024
It pays to bundle – and that’s according to Spotify itself, which has disclosed the approximate royalty savings it’s enjoying after reclassifying nearly all its U.S. accounts as bundles. The streaming platf... Read More...

DMN Pro Weekly Report: Last Month, 97% of Spotify Accounts Were Classified as Bundles. Now, That Figure Is 98%.

Paul Resnikoff
July 24, 2024
In March, Spotify officially flipped the switch on its controversial bundling strategy. One reporting month later, the streaming giant is showing few signs of letting up. Four months have passed since Spotif... Read More...
Spotify stock rises after positive earnings period

Wall Street’s New Profit Darling? Spotify Stock (SPOT) Hits a Yearly High After Profit-Positive Earnings Call

Ashley King
July 24, 2024
Spotify revealed its Q2 2024 financials yesterday, revealing $4.13 billion in revenue, which is an increase of 20% year-over-year. The stock has risen to five-year highs on the news as investors gain confiden... Read More...
Spotify CEO Daniel Ek dragged over comments about content creation costs

Get Ready for ‘Spotify Deluxe’ — Daniel Ek Confirms $18-Per-Month Plan Offering ‘A Much Better Version of Spotify’

Dylan Smith
July 24, 2024
Ready for a more expensive “Spotify Deluxe” subscription option? Daniel Ek certainly is, and according to the Spotify CEO, the potentially $18-per-month package is on the way. Ek confirmed as much during Spo... Read More...
spotify mlc lawsuit

Spotify Urges MLC Lawsuit Dismissal, Defends Bundling Frenzy: ‘Books Are Not Music, and Audiobook Streaming Is Not Music Streaming’

Dylan Smith
July 23, 2024
Spotify has officially shed light on its dismissal arguments concerning the unpaid-royalties lawsuit filed by the Mechanical Licensing Collective (MLC). The music streaming giant, in keeping with an updated ... Read More...
spotify q2 earnings

Spotify Stock Spikes As Q2 Operating Income Approaches $289 Million, Subscribers Near 250 Million

Dylan Smith
July 23, 2024
Is profitability the new normal for Spotify? Amid price increases, continued subscriber growth, and aggressive efforts to trim costs, the Stockholm-based company has posted what appears to be its best single-... Read More...
Spotify Releases Parental Guide Youth Safety focus

Spotify Releases Parental Guide as Youth Safety Takes Center Stage

Ashley King
July 22, 2024
Spotify has announced a new parental guide to help spotlight the company’s focus on youth safety after joining the Tech Coalition. The Tech Coalition is a trusted organization that united the global tech ind... Read More...
Spotify AI DJ now speaks spanish

Spotify’s AI DJ Now Speaks Spanish—Second Language Beta Now Live

Ashley King
July 18, 2024
Spotify’s AI DJ now speaks Spanish. It can curate a line-up of music while providing commentary about said music for Spanish-speaking audiences. The feature is in beta. Spotify says it has learned several vi... Read More...
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