Dance Music News
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A leaked report suggests the tool will allow users to "speed up, mash-up and otherwise edit" music without leaving the platform Continue reading...
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Spotify is stepping into new territory by testing emergency alerts, TechCrunch reports. Initially uncovered by technologist Chris Messina, the feature is being considered as a way to make Spotify a more essential app to its users. The tech, which reportedly includes a feature to disseminate public announcements about local accidents and serious events, is currently being tested in the company's home market in Sweden. Messina believes that the streaming giant will encourage users to enable push n
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Spotify employees were alerted this morning to the news that the company would be slashing its workforce to offset higher costs in 2022. “To offer some perspective on why we are making this decision, in 2022, the growth of Spotify’s OPEX outpaced our revenue growth by 2X,” CEO Daniel Ek wrote in a letter spelling out other organizational changes taking place. “That would have been unsustainable long-term in any climate, but with a challenging macro environment, it would be even more difficult t
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Spotify has officially launched its anticipated Partner Program, a comprehensive initiative designed to assist creators in expanding their audience reach and monetizing their content effectively within the platform’s ecosystem. The program, initially unveiled on November 13th during Spotify’s Now Playing event alongside a suite of creator-focused features (namely video clips, enhanced analytics, and improved video discovery), aims to position Spotify as the leading platform for podcasts on the I
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The new premium subscription tier is the streaming platform’s most expensive yet Continue reading...
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In May 2024, Spotify unveiled a rule change where free, ad-supported account users can only look up track lyrics for three times per month. It can be a very frustrating experience for music fans and may present a difficult task when it comes to choosing which songs wisely in regard to viewing lyrics. A couple months later, Spotify has reversed that route and the brand is now making lyrics free again for those accounts. Spotify now offers a preview of the lyrics and when tapping into the previe
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In an unannounced move that’s stirring up conversations across social media, Spotify has begun restricting access to one of its cherished features — song lyrics — on the free tier. The introduction of a lyric-viewing cap for non-premium users marks another step in Spotify’s strategy to encourage a shift towards its paid subscription. Listening With Limits For the spontaneous lyricist in all of us who revel in decoding misheard lines, Spotify’s free tier has been a haven of musical explor
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Streaming could change significantly not too far into the future. Recent price hikes for existing Spotify tiers are not slowing down the idea of the High-Fidelity step the music streaming giant has been planning for a while, according to a Bloomberg report. In their eyes, there is a dedicated segment of their customers who would be willing to pay more for better quality content and additional tools. While Spotify declined to comment on specifics, the report suggests this new potential ti
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In a groundbreaking move that’s sending waves through the music industry, Spotify has officially pulled the plug on monetization for tracks garnering fewer than 1,000 streams. As of April 1, 2024, the streaming giant’s new policy dictates that only tracks surpassing this threshold within the past 12 months will be eligible for royalty consideration. This adjustment, Spotify claims, will enrich the earnings of tracks that do meet the criteria, considering that a whopping 99.5% of streams are of t
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The removals have affected the band Lyube, as well as singers Grigory Leps, Oleg Gazmanov, Shaman and Polina Gagarina Continue reading...
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Alongside the contribution, the streaming platform also held a brunch on the eve of the ceremony for political pundits such as Ben Shapiro and Tim Pool Continue reading...
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Streams of drum & bass music have increased by a whopping 94% since 2021, according to a report from Spotify. It's no secret that drum & bass has been soaring in popularity, particularly stateside. Tracks like Chase & Status' "BACKBONE," which was named one of EDM.com's best songs of the year, dominated festival sets throughout 2024 and propelled the genre's footprint. Considering 68% of listeners are younger than age 34, per Spotify, time will tell if drum & bass artists continu
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Spotify's efforts to grow their premium subscriptions are paying off, quite literally. The streaming giant recently revealed record profits on its Q2 earnings call, and now, their stock is surging. Shares ballooned at a 14% clip on the New York Stock Exchange on Tuesday, per Music Business Worldwide. Spotify reportedly revealed a 20% revenue increase to a staggering $4.14 billion from April to June, with gross margins of 29.2%. But how is Spotify driving so much revenue? Premium subscriptions
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As the sun heats up and the days grow longer, Spotify has unveiled its much-anticipated ‘Songs of Summer’ predictions for 2024. This year, the global editors at Spotify have curated an electrifying mix of 30 tracks. These tracks showcase an exciting blend of superstar DJs and producers. Having said that, this set of predictions promises to keep our summer vibes alive. A Broader Playlist with Big Names Unlike last year, which saw a focus on mainstream Hip-Hop and Latino artists, 2024’s pl
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Spotify has become one of the most profitable streaming platforms in the music industry. In 2024, Its executive team including CEO Daniel Ek had their biggest Spotify stock payout. This massive pile of cash came out to over a billion dollars. It is no surprise its financial model has faced constant backlash with concerns about how little artists are paid per stream. Recently, a popular tool, the Spotify Unwrapped calculator, was shut down after facing legal pressure from Spotify’s legal team.
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For musicians, music streaming has been a financial enigma wrapped in an algorithm. Millions of streams accrue, but how much does it translate to in their pockets? Spotify, the music giant, is finally cracking open the black box with the launch of Loud & Clear, a website dedicated to demystifying music streaming economics with hard data. Buckle up, musicians, because these numbers are about to get really interesting. Payout Party: A Record-Breaking Year Let’s kick things off with the
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Spotify’s Q3 results show a major leap in subscription revenue, which jumped to 3.51 billion euros ($3.86 billion)—a 20.8% increase from last year. The platform added 6 million premium users, bringing its total to 252 million subscribers. This steady growth, combined with strategic price hikes across several markets, pushed Spotify’s operating profit to 454 million euros ($500 million), marking a 70% increase from Q2. The quarter’s results reveal Spotify’s strength in balancing subscriber growth
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While the price of Spotify’s monthly subscription fee is increasing yet again, we will have access to a new feature. It’s rolling out TikTok-inspired remix features within its own space. What does that mean? According to the Wall Street Journal, Spotify is developing tools that would allow paid subscribers to “speed up, mash-up, and otherwise edit” tracks from their favorite artists, which could then be saved for repeat listening. According to the WSJ, Spotify will likely make some of these
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Spotify Will Be Raising The Price Of Its Monthly Subscription By Around $1.00 In The US And £1.00 In The UK For the second time within a one-year period, Spotify will be increasing premium membership subscription prices. Last summer marked the first time in 10 years since the app hiked the price of its premium plan. Previously, the premium plan cost £9.99 per month in the UK. However, it was raised to £10.99 per month. In the US, the premium subscription plan increased from $10 to $11 monthl
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Spotify has long presented itself as a champion of artists and democratized music, a platform where artists and listeners connect within a frictionless, meritocratic ecosystem. But behind the polished image lies a troubling reality: the Perfect Fit Content (PFC) program, a secretive initiative revealed in Liz Pelly's forthcoming book, Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist, which suggests profit is the utmost priority in the platform's playlisting ecosystem. The
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Spotify has scored a legal victory that could have lasting consequences for how songwriters get paid in the streaming era. Spotify successfully fended off a lawsuit from the Mechanical Licensing Collective (MLC), which alleged that the company unlawfully slashed songwriter royalties by reclassifying its Premium subscriptions as "bundles" to include audiobooks. U.S. District Judge Analisa Torres reportedly ruled in favor of the streaming giant after determining its proprietors acted within the l
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Spotify’s share price is soaring! The music streaming giant’s stock prices rocketed to an all time high on the NYSE. It closed at an all-time high of USD $477.50 effective November 14. The price gradually crawled back to $458.32 at the close of trading the next day. However, it was still enough to give Spotify a gigantic market cap of $92 billion! Predictably, some of Spotify’s leading stockholders have seized on this market cap valuation hike. This list includes its co-founder and CEO
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As the year draws to a close, the highly anticipated Spotify Wrapped 2024 is on its way! Every December, Spotify users eagerly await this feature to recap their listening habits and memorable music moments. If you’re a listener or artist, here’s what you need to know to get the most out of this year’s Wrapped experience. For listeners, Wrapped delivers a personalized summary of your top songs, artists, genres, and playlists from the past year. In 2024, over 225 million Spotify users engaged
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It’s the most wonderful time of the year again, if the Christmas and holiday cheer wasn’t enough, our December just got more Merry thanks to the 2024 Spotify Wrapped. Spotify Wrapped experience shines, delivering fans a unique, personalized recap of their listening journey, complete with immersive features. The 2024 Spotify Wrapped is more than just a review. It’s a celebration of the incredible fans, artists, and creators who contributed to an unforgettable year. Wrapped is now more integra
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If 2020 was the year that flipped the world on its head, 2021 was the year that we got used to seeing things upside down. With “normal” thrown out the window, we embraced the unknown and championed all of the things that make each of us unique. Spotify’s 2021 Wrapped is a celebration of this — the millions of weird and wonderful ways to listen and live in a world that continues to keep us on our toes. Spotify is today unveiling its annual 2021 Wrapped campaign and personalized user experience i
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