The streaming giant's stock rose after beating expectations on two closely watched metrics: subscriber growth and gross margins.
The two companies announced they will partner to find a new solution to the economic model in streaming. The result could spark an industry-wide change.
We still remember when Virtual Self b2b G Jones was first announced for last year’s return of Second Sky. It was the epitome of, “Holy shit, really? This is really happening?!” It was the first Virtual Self set in a couple years, and a rare b2b for G Jones outside of Eprom. The festival wen
Daniel Ek also signals a shift to "becoming more efficient" following a period of heavy investment.
Outside the top 10, the average age of the top 1,000 streaming songs increased, continuing a years-long trend.
The new program will feature playlists, artist spotlights, partnership opportunities and more to help support LGBTQ artists and issues around the world.
The chief content and ad business officer is transitioning to an adviser role as the audio company reorganizes its leadership ranks.
The music streaming company says its chief content & advertising business officer will leave the company, and two other execs will become co-presidents.
The audio company employs around 9,800 people.
More digital consumption — from a multitude of sources — and improving margins are positive news for catalog valuations.
