Spotify’s subscribers, usage surge amid coronavirus outbreak – Networking- Tempemail

Spotify Technology SA’s paid music subscribers surged to 130 million in the first quarter, driving shares in the Swedish music streaming firm higher as its business model proved more resilient than expected in the coronavirus lockdowns. A double-digit rise in quarterly revenue helped the company weather a virus-related decline in Continue Reading

By tech and by acquisition: inside Spotify’s podcast expansion plan- Tempemail

Spotify’s big podcast bet hinges on growing its stable of original content while hoping other podcasters will put their inventory in the hands of a competitor. As of the audio streaming giant’s 5 February earnings report, Spotify has over 700,000 podcasts on its platform. That number is set to grow Continue Reading

Paid users, podcasts and marketing: key takeaways from Spotify’s earnings- Tempemail

Spotify closed 2019 with a positive quarter that saw it add 10 million new paying subscribers in addition to sowing the seeds of success in its podcasting business. In the update, it also gave a glimpse at how its future marketing campaigns will be increasingly integrated with its app. Here’s Continue Reading

Creative Director’s Choice: Organic’s Betsy Jemas on Spotify’s 2019 ‘Wrap-Up’- Tempemail

Creative Director’s Choice gives creative directors a chance to highlight the best work and spotlight campaigns that are making a difference. This week, Organic‘s executive creative director in New York, Betsy Jemas, talks about the targeted brilliance of Spotify’s ‘Wrap-Up’ campaign. Betsy Jemas, ECD at Organic It’s Sunday at 7pm Continue Reading

Spotify’s founding story is going to be a Netflix series – Tempemail

Facebook’s founding got the movie treatment with Aaron Sorkin’s “The Social Network.” The story of how Snapchat came to be will be a flagship series on the upcoming streaming service, Quibi. Today, Spotify is the latest startup to get its story told on screen — this time, as a new Continue Reading

Spotify’s strong Q3 performance pumps up stock in early-morning trading

What just happened? Spotify also used the opportunity to announce that CFO Barry McCarthy will retire on January 15, 2020. Existing VP of FP&A, treasury and investor relations, Paul Vogel, will fill the vacancy, we’re told. The company expects McCarthy to rejoin its board of directors, pending shareholder approval. Spotify Continue Reading