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Category: music streaming service

Spotify adds 5M premium users and hits record operating income

Spotify reported on Tuesday that its premium subscriber base grew by 5 million in the first quarter, representing a 12% increase year-over-year. This brings the total to 268 million, marking the second-highest total ever and the highest net addition of paid subs for a first quarter since 2020.  Spotify also reported a record-high quarterly operating…

Spotify’s AI playlist rolls out to Asia and more markets

Spotify announced on Thursday that it expanded the availability of its AI Playlist feature to over 40 additional markets, including countries in Africa, Asia, Europe, and the Caribbean.  The AI-powered tool, currently in beta on Android and iOS devices, lets listeners create personalized playlists based on written prompts, such as “workout music to make my…

As Deezer approaches profitability, it rolls out a custom algorithm and other new features

Last month, Deezer reported its first positive cash flow in 2024, marking a significant milestone in its history. As the music streaming platform nears profitability, it’s launching new features to differentiate itself in the highly competitive market. On Wednesday, Deezer announced several features aimed at providing listeners with a more personalized experience. These include a…

Spotify debuts ‘Concerts Near You’ playlists for discovering nearby shows 

On Wednesday, Spotify launched a new personalized playlist designed to help listeners discover upcoming concerts in their area. The playlist, titled “Concerts Near You,” is updated every Wednesday with 30 songs from artists performing nearby, along with full event details and ticket links. Spotify partners with ticketing platforms like AXS, DICE, Eventbrite, and Ticketmaster.  Like…