Spotify
Creative Studio Versus Partners With Ashley Champ to Launch Sports and Fashion-Centric Platform TUNL (Exclusive)
Creative studio Versus is teaming up with creative director Ashley Champ to launch TUNL, The Hollywood Reporter has exclusively learned. TUNL is an interdisciplinary media and e-commerce platform, “where sports, fashion and culture converge,” according to a release. Named after athletes’ “tunnel fits,” the platform will work to centralize sports and fashion “content, commerce and […]
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Spotify Beats Expectations for Paid Subscribers After Price Hikes to Hit 246M
Spotify hit 246 million paying subscribers in the second quarter of 2024, up 12 percent year-over-year. The total number of paid subscriber additions, up 7 million, was 1 million above guidance. Shares of Spotify were up 14 percent in pre-market trading Tuesday. Spotify added a less expensive ad-free plan in June, for $10.99 a month, […]
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Spotify Launches Less Expensive “Basic” Premium Plan, Without Audiobooks
Just weeks after raising the prices for its premium subscription offerings, Spotify is making another change and launching a less expensive tier. The streaming music platform on Friday launched what it is calling a “Basic” premium plan, which will include all of the streaming music benefits, without any audiobooks. The new Basic plan will cost […]
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Billie Eilish Becomes the 3rd and Youngest Artist to Reach 100M Monthly Spotify Listeners
Billie Eilish has set another record! The Grammy and Oscar winner has become only the third artist to surpass 100 million monthly listeners on Spotify, the audio streamer confirmed to Billboard Saturday. And she did it with just 82 songs in her music catalog. Eilish follows The Weeknd, who has 107 million monthly listeners, and Taylor […]
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Spotify Renews ‘The Louis Theroux Podcast,’ With Season 3 Launching in September (Exclusive)
Season three of Spotify’s The Louis Theroux Podcast will launch this September, The Hollywood Reporter can exclusively reveal. The British documentarian, author, journalist — and some would say, a national treasure — has topped both the Spotify and Apple charts since the podcast’s inception in 2023 as he connects with high-profile guests in his distinctively […]
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Spotify Hikes Prices of Premium Plans Again as Streaming Inflation Continues
Spotify is hiking the prices of its premium plans for the second time in a year, a sign that streaming inflation is still running hot. The music streaming giant said Monday that it is adjusting the prices for all of its premium plans, with the individual plan rising by $1 per month to $11.99, the […]
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Taylor Swift’s ‘Tortured Poets Department’ Sets Record With 1B Spotify Streams in First Week of Release
Taylor Swift has broken another record. The singer’s new album, The Tortured Poets Department, is now Spotify’s most-streamed album in a single week — after only five days. On Wednesday, it passed 1 billion streams since its April 19 release. This marks the latest record for Swift’s new album. On the day of its release, it […]
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Spotify Hits 239M Paying Subs in First Quarter
Audio streaming giant Spotify has reached 239 million paying premium subscribers for the first quarter of 2024, up from 236 million at the fourth quarter of 2023, which met analyst expectations. Stockholm-headquartered Spotify, led by CEO Daniel Ek, also reported that it hit 615 million monthly active users (MAUs) as of the end of the first quarter to March […]
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Taylor Swift Breaks Multiple Records at Spotify With ‘The Tortured Poets Department’ Album
Breaking records is nothing new to Taylor Swift, and she’s done it again with her 11th studio album, The Tortured Poets Department. Spotify revealed on Friday, mere hours after the Grammy-winning singer dropped the album that Tortured Poets became the audio giant’s most-streamed album in a single day. Swift also became the most-streamed artist in […]
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Spotify Names Christian Luiga CFO
Music streaming giant Spotify Technology said Thursday that it has appointed Christian Luiga as its new chief financial officer. The executive joins Spotify, led by CEO Daniel Ek, from Saab AB, a European defense and security company, where he served as deputy CEO and CFO. He replaces Paul Vogel. Spotify had in December announced that Vogel […]
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Universal Music Group Partners With Spotify to Offer Artists More Promotional Tools
Universal Music Group has expanded its relationship with Spotify to involve more promotional tools for musicians and greater distribution, amid its dispute with TikTok. As part of the partnership, Spotify will release new promotional and social features for UMG artists, starting with the ability to share teasers of upcoming songs on the platform. Under a […]
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Joni Mitchell Returns Music to Spotify Years After Boycotting Streamer
Joni Mitchell quietly returned to Spotify, two years after boycotting the music streamer. Fans noticed on Friday that the singer’s music seemingly reappeared on the platform, days after Neil Young also made his return to the audio giant. However, the “Help Me” singer has yet to address her return. The Hollywood Reporter has reached out […]
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