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The Latest Breaking News from Spotify

Spotify announces CFO to leave, days after he cashed in $9.3m in shares

Paul Vogel moved to sell stock as shares soared after it was revealed 1,500 jobs would be cut

The Guardian - UK

Sona’s free music streaming service lets bands auction one-off ‘digital twin’ songs

Sona's new web streaming service comes with all the buzzwords and promises to deliver "better music streaming for everyone".

TechRadar

Spotify confirms in-app purchases on iPhone are not coming back for now

Despite reports, Spotify will not be adding in-app purchases back on iPhone anytime soon.

iMore

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This hidden Pixel feature keeps your lock screen clutter free — here's how it works

Discover the straightforward way to disable media on your Pixel's lock screen.

Tom’s Guide

Spotify is making a major change to its iPhone app

Apple's App Store subscription cut has stopped Spotify from offering in-app purchases, but something's changing.

iMore

Music & money: Spotify reduces workforce as profitability remains elusive

Is the Spotify model a successful one? The streaming platform launched in 2008 is the leader in its field, on par with what radio and CDs used to represent in the sense that it's become the most convenient way for people to consume music and other audio content. We discuss…

France 24

How Meduza almost abandoned billion-streaming global hit Piece of Your Heart: “We couldn’t figure out what to do with it - we were actually close to junking it”

Driven by a gift for euphoric hooks, big-room beats and deft vocal processing, this Milan-hailing trio have become Italy's most-streamed artist. We spoke to Meduza about the making of their eclectic debut LP

MusicRadar

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Spotify CFO cashes in £7.2m in shares after value surges on news of job cuts

Price of shares in music streaming service leaped after announcement it was laying off almost a fifth of its workforce

The Guardian - UK

Taylor Swift is named Time magazine’s person of the year

Time magazine named Swift its person of the year on Wednesday, a week after Spotify announced she was the most-played artist on the streaming platform.

Chicago Sun-Times

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Fortune

Bobby Berk's tips for hosting Christmas in a small kitchen - including his favourite speakers to get the party started

The best speakers get people in the room, sociable seating makes them stay

Ideal Home

Spotify registers ridiculous increase in Tom Petty streams as GTA 6 trailer drives everyone dad rock mad

A not so petty increase.

PC Gamer

Japanese ambient musician Michiru Aoyama has woken at 5am to record a new album every day since 2021 – he's now earning $3,000 a month from his music on Spotify and Bandcamp

The Kyoto-based artist writes, records and releases a new eight-track album every single day

MusicRadar

Bengals Player Celebrates TD by Calling ESPN Personalities Unflattering Name

Pregame picks led to Orlando Brown Jr. calling ESPN analysts ‘jackass.’

Sports Illustrated

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Fortune

Sony's PlayStation Network suspensions demonstrate disc-free downsides

Many PSN users received permanent suspensions for no reason on Monday.

The Guardian - UK

‘Like brushing my teeth’: how Michiru Aoyama writes, records and releases an album every day

For two years, the Kyoto musician has risen at five, watched football, then made an eight-track album of super-deep ambient music – while fitting in a two-hour walk. And 200,000 fans are listening

The Independent UK

The average funeral costs £9,000 – it’s no wonder they’re dying out

Just as there are trends in life, there are also trends in death. Research suggests the act of having a funeral is in decline, but Oliver Keens suggests there is both joy and necessary pain in the informal ways we mark death today

International Business Times UK

Spotify Streamlines Operations: Cuts Nearly 1,600 Jobs Amid Escalating Costs

This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.

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Kiplinger

Stock Market Today: Stocks Slip to Start Jobs Week

Coming off a fifth straight weekly win, the main indexes took a breather ahead of a busy week of jobs data.

Android Central

Spotify cuts 1,500 jobs in another round of layoffs

Spotify is not yet done laying off its employees, with another round of layoffs that cut 1,500 jobs.

The Independent UK

Meet the Swifties who spent 244 days streaming Taylor Swift’s music this year

The top tier of listeners of the top-streamed artist spent more than two-thirds of the year streaming Taylor Swift on Spotify, reports Sheila Flynn

Broadcasting & Cable

Happy Holidays? Spotify Conducts TMT's Biggest Layoff of 2023 Despite 11% Q3 Revenue Grow

Ho, ho ho, the stock is at a 12-month high, and the music streaming service just added 23 million subscribers, but 17% of the its workforce, over 1,500 employees, just lost their jobs anyway

France 24

Singer-songwriter India Naia releases debut EP inspired by 2000s R'n'B

Singer-songwriter India Naia is of German-Algerian heritage and spent some of her childhood in France before moving to Florida, where she grew up listening to the "crème de la crème" of hip-hop and R'n'B. Several years ago she moved to Paris, where she began writing music. She popped by Arts…

International Business Times

Spotify Cuts Around 1,500 Jobs As Growth Slows

Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.

WEKU

Spotify to cut 17% of staff in the latest round of tech layoffs

In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go.

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