Spotify will host an investor day at the company’s New York City office on June 8 at 10 a.m. EST, the company announced Monday (May 9). This will be streamers’ first investor day since going public in 2018. The event will feature a series of presentations from Spotify CEO Daniel Ek, CFO Paul Vogel and other members of the leadership team, followed by a live Q&A focused on the progress Spotify has made since its direct listing in April 2018 along with its current roadmap and future growth opportunities. A live webcast of the investor day will be available at investors.spotify.com, while in-person attendance is by invitation only due to limited capacity. Additional details will be sent out in advance of the event. The investor day was announced as Spotify stock reached an all-time low of...
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. Earnings season is a great time to read the tea leaves about the future of the streaming and subscription businesses. How much growth is ahead? Where will that growth come from? Is pricing headed up or down? The answers are vital for investors but are also important to labels, publishers and creators. In the last two weeks, three companies — Spotify, Universal Music Group and Believe — provided some outlook on the streaming market during their earnings calls with analysts. Their earnings reports appeared in the wake of Netflix’s warning of subscription growth slowdown and the abrupt demise of CNN’s subscription platform...
Michael Mignano, co-founder of the popular podcast creation platform Anchor, which was acquired by Spotify in 2019, submitted his resignation last week, a company spokesperson confirmed with Billboard. Mignano’s departure was first reported by The Verge. It is the latest shake-up on the podcasting side of Spotify. In April, a pair of top executives — Courtney Holt, head of talk partnerships, editorial and global markets, and Lydia Polgreen, managing director of Gimlet, which Spotify also acquired in 2019 — both announced plans to leave the company. Mignano founded Anchor with Nir Zicherman eight years ago. “We tried to start podcasts of our own… only to become discouraged by the complicated process and expensive hardware we found ourselves endlessly researching,” the two wrote in 2019...
The electronic music community is constantly evolving with new sounds every week, as artists become more innovative with their compositions. EDM.com’s weekly “Playlist Picks” series highlights the top releases in the genre, helping uncover the latest tracks that will soon dominate the dance music scene. EDM.com Top Hits Larry Bird (feat. Tuck’s Dad) – SOFI TUKKER Savage – Tiësto & Deorro Save Me – Steve Aoki & HRVY Festival Hits 2022 Funk – Martin Garrix & Julian Jordan Scroll to Continue Recommended Articles Burn This House – J. Worra & Little Boots As The Rush Comes – Achilles, Lister & Jessie Lee Thetford Electronic Avenue Behind The Sun – ODESZA Love You Back – Madeon iSSUES – Hydraulix Th...
Joe Rogan says his recent controversy has given his Spotify podcast even more horsepower. The podcaster claims the media frenzy over anti-vax conspiracy theorist guests and his past use of the N-word has netted him two million additional subscribers. In Friday’s episode of The Joe Rogan Experience, the comic and UFC commentator was asked by his guest, British political commentator Douglas Murray, about the uproar. “You have been put through the wringer since we last met,” Murray says. “They did a number on you. Wow.” Explore Explore See latest videos, charts and news See latest videos, charts and news “It’s interesting, my subscriptions went up massively — that’s what’s crazy,” Rogan replies. “During the height of it all, I gained two million subscribers … Yeah, [the media] went for it. It...
The electronic music community is constantly evolving with new sounds every week, as artists become more innovative with their compositions. EDM.com’s weekly “Playlist Picks” series highlights the top releases in the genre, helping uncover the latest tracks that will soon dominate the dance music scene. EDM.com Top Hits Fading Like A Flower – Roxette & Galantis To Believe – Louis The Child Words (feat. Zara Larsson) – Alesso Festival Hits 2022 Move It – Valentino Khan & Dillon Francis Scroll to Continue Recommended Articles One More Time – Nytrix & Kiesza Culture – Maddix Electronic Avenue Where you are (feat. WILLOW) – PinkPantheress Walk On Water – SLANDER, RØRY, Dylan Matthew Stand ‘Em Up (feat. What So ...
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Spotify has shuttered its fund for live audio creators less than a year after the funding program was first unveiled, a company spokesperson confirmed to The Hollywood Reporter. Originally, live audio creators using Spotify Greenroom — which has since been renamed Spotify Live — would have been able to participate in the fund to receive payouts for their work. Spotify never disclosed how exactly the funding would be determined, but the company said in its initial announcement last June that a creator’s audience size and how their content was consumed would factor into the payments. But the creator fund never ultimately launched last summer, as Spotify said it would at the time, and a Spotify spokesperson said on Tuesday that the funding will be shifted to...
The dance music mega-group Swedish House Mafia made history early Saturday (April 16) when the trio became the first artists to be livestreamed by Spotify as part of the streaming platform’s new Spotify Live offering. Axwell highlighted the news while the Swedes performed at a private Coachella afterparty hosted by Spotify to celebrate the release of Swedish House Mafia’s first studio album, Paradise Again. Explore Explore See latest videos, charts and news See latest videos, charts and news The group performed for over two hours at a highly curated event at a private mansion near the Coachella festival grounds with a faux lake and beach, where a bevy of VIP influencers, the DJ Alesso, the pop star Anitta and Euphoria actress Chloe Cherry also made appearances. They played many of the...
What a week it’s been for Swedish House Mafia. After last night’s release of their long-awaited debut album, Paradise Again, the legendary electronic music trio have another first in the works: the first-ever real-time DJ set hosted on Spotify. The streaming giant is reportedly hosting an exclusive Coachella event tonight, April 15th, live from the Indio desert. Fans will be able to tune into a live DJ set by Swedish House Mafia directly on the band’s Spotify artist page. “We’re excited to partner with Spotify for a special album release celebration with our fans on Friday, April 15, as we release Paradise Again and return to the stage after so long this weekend,” Swedish House Mafia said in a joint statement, per Digital Music News. “It’...