Streaming Audio news and trends

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
Personnel // December 04, 2023

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate and tackle problems,” Daniel Ek, the company’s CEO, said in a...

Quick Reads
Spotify Reportedly Planning Higher-Priced Premium Subscription

June 11, 2024
Spotify is reportedly readying a new and higher-priced premium plan for its most devoted users. The new plan, set to be unveiled later this year, will charge users at least $5 per month more, Bloomberg News reported Tuesday (June 11), citing a source familiar with the matter. That source said this updated plan would offer […]

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’

December 04, 2023
Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the...