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spotify

Moonbug Entertainment hires Holt

Moonbug Entertainment, a part of Candle Media, has announced the appointment of Courtney Holt as the company’s first Global Head of Music and Strategic Audio Initiatives. As part of his role, Holt will foster the growth of Moonbug’s music label through strategic partner alliances and strengthening relationships with established and emerging artists. Holt will also […]

February 21, 2024

Study: Spotify app shares most data with third parties

In a study of 100 popular apps, research from cybersecurity company Surfshark highlights entertainment apps, particularly Spotify and SoundCloud, share data with third parties the most, while YouTube collects significant amounts of user data. Out of the 10 analysed entertainment apps, almost half track some of the data points collected across platforms. Research is aided […]

January 4, 2024

Spotify to axe 1,500 staff

Music-streaming service Spotify has announced it is cutting 17 per cent of its workforce, approximately 1,500 staff, in a cost-cutting measure. Chief executive Daniel Ek said “substantial action to rightsize our costs” was needed for the Sweden-based company to meet its objectives. “I recognise this will impact a number of individuals who have made valuable […]

December 4, 2023

Forecast: Subs payments market growth marches on

The revenues of the Recurring Payments market were estimated at $130.2 billion (€115.8bn) in 2022 and are anticipated to grow at a CAGR of 6.9 per cent from 2023 to 2033, according to a Fact.MR report. By the end of 2033, the market is expected to reach a valuation ofS $268.7 billion. Recurring Payments for […]

July 19, 2023

Spotify considering full-length music videos

Spotify is reportedly considering adding full-length music videos to its app to help the music streaming service better compete with the likes of YouTube and TikTok. Spotify is said to already be talking to partners about the feature, according to Bloomberg. Spotify – who has not commented on the rumours – currenty allows bands and […]

July 3, 2023

UK audio producers call for more BBC competition

AudioUK, the trade body for independent audio production companies, is calling for more of BBC’s radio and audio non-news speech content to be open to competition for external producers. It has made the call in response to the publication of an internal radio and audio speech production review, the result of which is some speech […]

May 23, 2023By Colin Mann

Report: Digital audio can help win path to purchase

Media fragmentation has been creating challenges across sectors, and Retail and CPG are no exception. Strategic decisions are becoming more complex as brands search for the most effective response to the cost-of-living crisis, the growth of ecommerce, changing consumer expectations, shoppers’ desire for more personalised experiences and the splintering of the media landscape. There are […]

May 3, 2023

Channel 4 content discovery campaign on Spotify

Channel 4 has launched a new UK-exclusive campaign on Spotify, the audio streaming service, to help boost digital viewership and reach younger audiences. Using Spotify’s streaming intelligence, Channel 4 Streamland will provide Spotify users with an interactive in-app experience, which generates five personalised recommendations of hit shows a user might want to watch – from […]

April 28, 2023

Sweden: Significant growth in podcast households

The market for paid podcasts showed strong growth in Sweden during Q4 2022. The number of paying households increased by 85 per cent compared to the same period 2021, reports Mediavision. Nearly all households that pay for podcasts (97 percent) also pay for audiobook and/or music services. This means that the paid market for podcasts […]

February 14, 2023

Spotify adds Rotana’s catalogue

Spotify and Rotana Music have signed a licensing agreement that will see Rotana’s once-exclusive music catalogue to be available on Spotify across the Middle East and North Africa, and other markets where the service is live. Rotana Music is owned by Prince Alwaleed bin Talal, a Saudi Arabian billionaire businessman, and its catalogue features some […]

January 18, 2023By Chris Forrester