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 […]
Tag: spotify
Spotify Unveils $1 Billion Stock-Buyback Program After Shares Tumble to 2021 Low
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 Acquires Clubhouse Competitor Locker Room
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) […]
Apple Makes More Money From AirPods Than Spotify Makes From Its Entire Business
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 Will Pause All Political Advertising Starting ‘Early 2020’
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 Expands Strategic Partnership With Samsung, Bundling the App on Millions of New Mobile Devices
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 […]
SoundCloud Is Now a Full-Blown Distributor to Apple Music, Spotify, Pandora, and Others
SoundCloud may now become a one-stop shop for every indie artist.SoundCloud CEO Kerry Trainor has been on the move. Following a turbulent 2017, Trainor made good on his promise. The indie streaming music service brought […]
Oklahoma MC’s Drop Visuals For New Single “In Dreams”
Oklahoma duo Two Feathers and Surron The 7th release the official video for their new single “In Dreams†featuring Medisin. “In Dreams†is sure to pull on heartstrings regardless of age, gender, or culture. The […]