Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
Laying off 1,500 people in December ended up creating a "significant challenge" for Spotify, the company's CEO Daniel Ek said ...
Spotify may be earning more than ever but it's paying out a record $10 billion to rights holders too
Spotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to ...
End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
Music Business Worldwide7d
Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023
Spotify CEO and co-founder Daniel Ek sold another USD $29.2 million worth of company shares on Wednesday (March 5), ...
Spotify signs Bill Simmons, its $250 million man, to a new deal
Bill Simmons will continue his namesake show covering sports and pop culture on Spotify and serve as the company’s head of ...
The streaming wars are over. The rich won.
Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing on rich customers.
Spotify CEO Wants EU To Penalize Apple For Defying Regulations
CEO, Daniel Ek, escalated a four-year battle with Apple Inc (NASDAQ:AAPL) for allegedly flouting the European Union’s Big Tech rules. Ek snubbed the iPhone maker’s attempts to align with the EU’s ...
Silicon Republic1d
Spotify paid out $10bn in 2024, but many artists didn’t see profits
Spotify said that last year it paid out more than any other streaming service, however, more than half the artists still ...
Spotify to EU: Apple is making fool by its EU compliance
Spotify CEO Daniel Ek urged European regulators to penalize Apple for allegedly bypassing the EU's Digital Markets Act. He accused Apple of delaying c ...
Apple hit with modest fine in the EU over DMA violations
Apple and Meta are reported to a receive modest fine from EU regulators over their alleged violationof the DMA.
Spotify Looks to Expand AI-Narrated Audiobooks On Its Platform
The company has partnered with AI software company ElevenLabs to allow more authors to use digital narration in their audiobooks.