Spotify Via News Today

After a long struggle, Spotify appears to be heading towards a profitable podcast business, according to The Verge. 

Spotify saw an increase of  four percent in its paying Premium subscribers quarter-over-quarter in Q4, 2023. This brings the total Premium subscriber count to 236 million, as revealed in the company's fourth quarter earnings report

Spotify is laying of 17 percent of its global workforce, or about 1,500 workers, in an effort to cut costs after a spending spree.

Spotify is using OpenAI's voice transcription tool Whisper for a new voice translation feature that would essentially let podcasters translate their podcasts in different languages, all in their own voice.

Spotify jumps to 158 million Premium subscribers The company is nearing the 400 million user mark Spotify has once again grown its subscriber base, bringing in 11 million new listeners over the last three months. Only four million of these new users are Premium subscribers. This brings the total amount of Spotify users to 356 million and the total amount of Premium subscribers to 158 million. Either way, this is a 24 percent increase over Q1 2020. While these results may not show...