Page 5 - Discovery Mode News Today

The audio streamer has a lot moving in its favor, and trades at a reasonable valuation.

The market continues to undervalue the audio-streaming specialist.

The Ubisoft E3 2021 event showed off the new Avatar game, more Rainbow Six, a new Mario + Rabbids title, and more Ghost Recon Breakpoint.

Discovery Mode feature. Spotify’s Discovery Mode was announced last November as a pilot program for artists to opt in to get paid out partly in exposure. For a fee, Spotify agrees to push music into various personalized playlists, which could arguably be a beneficial tool for lesser known artists — as long as they’re protected. In Spotify’s words, “Labels or rights holders agree to be paid a promotional recording royalty rate for streams in personalized listening sessions where we ...

Congressmen asked Spotify to explain details of its Discovery Mode, saying it could cause a race to the bottom for artists in June 2021.

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Tech your username 2 hours ago On Wednesday, House Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) and Subcommittee on Courts, Intellectual Property, and the Internet Chairman Henry C. Johnson, Jr. (D-Ga.) announced that they have questioned the music streaming platform Spotify Technology S.A. about its new mode that allows musicians to pay to have their songs recommended on Spotify’s app.  The letter they sent expressed concern that the feature may foment a “race to the botto...

Press release content from Business Wire. The AP news staff was not involved in its creation. Spotify Technology S.A. Announces Financial Results for First Quarter 2021 April 28, 2021 GMT NEW YORK--(BUSINESS WIRE)--Apr 28, 2021-- Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2021 ending March 31, 2021. (Graphic: Business Wire) Dear Shareholders, We are pleased with our performance in Q1. The business delivered subscriber growth and Gross Ma...

Big news just dropped in the audio industry. On Feb. 22, Spotify (NYSE:SPOT) hosted its virtual "Stream On" event, announcing new products and laying out its roadmap for the next few years. These announcements, and the subsequent products and features coming to the Spotify platform, will work together to improve the user experience, help advertisers reach their target audiences, and contribute to the long-term growth of the companys stock price. Here are some details on how it plans to do thes...

Spotify’s co-heads of music Marian Dicus and Jeremy Erlich, and vp of marketplace Charlie Hellman discuss Spotify’s latest music initiatives.