Though revenue was slightly below guidance, the company says it now has 515 million monthly active users.
Nir Zicherman also co-founded Anchor, the podcast platform acquired by Spotify in 2019 that has powered much of the audio giant's podcasting capabilities.
The streamer's CEO is meeting members of Congress this week to push passage of the Open App Markets Act.
As an allegedly AI-generated song racks up millions of listens, UMG warns that industry players need to choose "which side of history" they want to be on.
The streamer says it will "focus our efforts on other features for music discovery.”
In 2022, the digital service claims to have sold 25,519,770 song downloads — making up nearly 12% of all tracks downloaded globally.
Fox Corp. is one partner using the audio giant's "broadcast-to-podcast" technology to turn existing Fox radio shows into on-demand podcasts.
Disney+ is set to premiere a new Muppets series called The Electric Mayhem, following the efforts of Dr. Teeth and the Electric Mayhem as they create their first album in 45 years. The band consists of Dr. Teeth on vocals and keyboards, Animal on drums, Floyd Pepper on vocals and bass, Janice on
The company that makes master-quality audio streamable on Tidal and other platforms lost its largest investor last month.
Luke Bryan, Jon Pardi and more will take the stage at the Indio, Calif. Festival later this month.
