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== Developments == | |||
* Spotify Technology SA (SPOT.N) said it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million. <ref>https://12ft.io/proxy?q=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fspotify-trim-6-workforce-2023-01-23%2F</ref> | |||
* Activist ValueAct takes stake in Spotify. Morfit didn’t elaborate on the size of the Spotify investment. <ref>https://www.bloomberg.com/news/articles/2023-02-10/valueact-takes-spotify-stake-backs-streaming-leader-s-cost-cuts</ref> | |||
* Max Cutler, Spotify's head of audio talk shows and partnerships will leave the company on May 1. <ref>https://www.bloomberg.com/news/articles/2023-02-21/spotify-official-overseeing-rogan-podcast-deals-to-exit-company</ref> | |||
=== Product Updates === | |||
* Spotify’s DJ feature will deliver a curated selection of music alongside AI-powered spoken commentary about the tracks and artists you like. <ref>https://techcrunch.com/2023/02/22/spotify-launches-dj-a-new-personalized-music-lineup-that-includes-ai-powered-commentary/</ref> | |||
* Spotify is testing playlists that could be unlocked by NFT holders.<ref>https://techcrunch.com/2023/02/23/spotify-is-testing-playlists-that-could-be-unlocked-by-nft-holders/</ref> | |||
* Spotify combines the heart and the “Add to playlist” icons into a single plus button<ref>https://techcrunch.com/2023/02/27/spotify-kills-its-heart-button-to-be-replaced-with-a-plus-sign/</ref> | |||
* Spotify new design: In the updated Spotify mobile app, users and subscribers will gain access to a handful of new features, including the vertically scrolling “discovery” feeds, a new “Smart Shuffle” mode for playlist recommendations, a new podcast autoplay feature and more<ref>https://techcrunch.com/2023/03/08/spotify-revamps-its-app-with-tiktok-style-discovery-feeds-smart-shuffle-for-playlists-and-more/</ref> | |||
* Spotify expands its audiobooks to Canada, making them available in both English and French.<ref>https://techcrunch.com/2023/03/21/spotify-brings-its-new-audiobooks-service-to-canada/</ref> | |||
* Spotify introduces a tool for turning radio broadcasts into podcasts.<ref>https://techcrunch.com/2023/04/13/spotify-introduces-new-tech-for-turning-radio-broadcasts-into-podcasts/</ref> | |||
== References == | == References == | ||