Spotify Technology S.A. (SPOT)
Spotify (SPOT) Ascends While Market Falls: Some Facts to Note
In the closing of the recent trading day, Spotify (SPOT) stood at $537.91, denoting a +0.39% change from the preceding trading day.
Spotify launches a program to publish audiobooks from independent authors
In an expansion of its existing audiobooks efforts, Spotify on Thursday announced the launch of a new publishing program for authors that allows them to submit short-form stories they'd like to see turned into audiobooks. When Spotify selects a story for audiobook publishing, it will handle the production and distribution of the work to other major audiobook retailers, the company says.
Spotify (SPOT) Soars 3.9%: Is Further Upside Left in the Stock?
Spotify (SPOT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Spotify shares rise on record royalty payout
Spotify Technology SA (NYSE:SPOT) shares gained more than 5% after the music streaming service revealed it paid a record $10 billion in royalties to artists in 2024. Per the Swedish company's annual Loud & Clear report, payouts to independent artists and labels represented about half of the company's total royalties for another year at $5 billion.
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool didn't have a song reach the app's Global Daily Top 50 Chart.
Spotify says it paid $10 billion in royalties in 2024
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.
Spotify says its payouts are getting better, but artists still disagree
Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company doesn't reward artists properly for their work.
Spotify says it's fixing the bug that caused Premium users to hear ads
Spotify has acknowledged an issue that's causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify's customer service account, the company said it's looking into the problem and linked to its Community website where the issue has been documented by users over the past four weeks.
This Billionaire Just Bought $560 Million of This Brilliant Stock Up Nearly 650% Since 2023
Examining what stocks billionaires buy is a great investment move. These investors have massive resources (like teams of researchers) that can pinpoint great values and then scoop them up before the rest of the market learns about them.
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Spotify Surges 133% in a Year: Buy, Sell, or Hold the Stock?
Given SPOT's price rise, we analyze its current position to find out whether investors should buy it, hold it, or book profits.
