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Recent reports reveal that music streaming giant, Spotify, has confidentially filed for an IPO, and is continuing its plans to pursue a direct listing in the first half of the year.
Last year, Spotify was reportedly valued around US$20 billion.
Should the company continue its plans, Spotify will become the first major company to undertake a direct listing, thereby…
Microsoft states it is discontinuing its streaming service, Groove Music, on December 31st and will help users migrate their playlists to rival offering, Spotify.
It is the first time in a decade that Microsoft is not offering its own music streaming service.
To aid with the transition, Microsoft is offering some subscribers a complimentary 60-day trial of Spotify Premium.
Despite never…
Spotify users are no longer able to stream music through Apple’s Safari browser.
The Spotify web player page now displays the message “This browser doesn’t support Spotify” when viewed through Safari, and users are directed to switch browsers or download the desktop app.
Users discovered the change late last week, with no notice as to why the default browser for Mac…
In a bid to attract students and the younger demographic Spotify and Hulu have joined forces, slashing the price of their respective services to offer a combined $4.99/per month student discount bundle.
By coming together, students can enjoy on-demand streaming of both music and videos, via Hulu and Spotify's diversified library.
Tim Connolly, Hulu's Head of Distribution and…
Spotify is continuing its efforts to expand into video content, with the hire of former Walt Disney executive, Courtney Holt, to oversee Spotify's original video and podcasting division.
The world's largest paid music streaming service plans to embed video content, as music videos and music footage, into its playlists.
Mr Holt will fill the role left by esteemed TV…
Music streaming service Spotify has been hit with a pair of fresh new lawsuits, alleging the company “rules the streaming market through a pattern of willful infringement on a staggering scale.”
The move comes following Spotify moving to settle a $200 million suit in May and ahead of the company’s impending IPO on the stock market.
Bluewater…
Music streaming giant Spotify is said to have signed a new deal with Sony Music, ahead of a seemingly-inevitable IPO.
Originally reported by Billboard and The Verge, the new agreement is said to be similar to one the company signed earlier this year with Vivendi's Universal Music Group.
That agreement gave Universal artists more control over how…
Music streaming service Spotify has passed another membership milestone, with the company revealing it now boasts over 140 active monthly users.
Writing on the company's official blog, VP and head of Global Sales Brian Benedik says that " Spotify’s high-velocity audience growth cements our place as the leading media platform for music, fans and brands.…
Apple's premium music streaming service now boasts 27 million paying subscribers.
Revealed during the company's WWDC conference this week, the company reiterated its plans to bolster its music service with original video content.
The company previously recorded 17 million subscribers in September and 20 million in December.
While the growth since then is sizeable, it still lags well…
