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In the late 1990s, Napster revolutionized music consumption by enabling peer-to-peer file sharing, allowing users to access vast music libraries for free. This innovation, while democratizing music access, bypassed traditional revenue streams, leading to significant […]
In the world of music streaming, record labels and Spotify have struck gold, raking in hundreds of millions of dollars. However, the artists who create the art are earning mere pennies. This article delves into […]
Shares of SPOT jumped nearly 7% in Thursday (September 2nd) trading following a favorable concession by Apple over its App Store purchasing restrictions. Overall, Spotify stock is up nearly 13% on the week as Apple […]
Spotify stock (NYSE: SPOT) has parted with over 30 percent of its value since the year’s start – besides tumbling to a 2021 low of about $202 per share earlier this week. Now, company higher-ups […]
Spotify has acquired Locker Room, an audio-driven social app and Clubhouse competitor that debuted in October of 2020. The Stockholm-based streaming platform unveiled the buyout (encompassing Locker Room itself as well as the app’s developer, Betty Labs) […]
A new report from analyst Kevin Rooke is indicating that Apple’s revenue from AirPods exceeds that of Spotify, Twitter, Snapchat, and Shopify combined. In his report, Rooke presented the following graph to show just how […]
Spotify political ads sales will be suspended in ‘early 2020.’ Spotify says it doesn’t have the resources to properly vet political ads. Spotify will pause political advertising across its ad-supported tier and its exclusive podcasts. […]
Spotify has expanded its partnership with Samsung, even bundling 6 months of Premium on select Galaxy devices. Last summer, Samsung officially unveiled a long-term partnership with Spotify. The new deal would allow the streaming music […]