Spotify CEO confident company will make money from its podcast business in 2024
After a long struggle, Spotify appears to be heading towards a profitable podcast business, according to The Verge.
Source: mobilesyrup.com
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Spotify has 236 million paying users and 602 million users in total
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
Source: mobilesyrup.com
Spotify will lay off about 1,500 workers to cut costs
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.
Source: mobilesyrup.com
Spotify partners with OpenAI to launch voice translation for podcasts in Spanish
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.
Source: mobilesyrup.com
Spotify jumps to 158 million Premium subscribers
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 as much growth as some of the previous quarters, the numbers are still impressive, and the company ...
Source: mobilesyrup.com