On Thursday, Spotify announced that it now accepts audiobooks narrated using ElevenLabs’ AI voice technology. Given that ElevenLabs is currently among the most recognized AI audio providers, this new partnership is expected to boost the quantity of AI-narrated audiobooks on the platform. To upload an audiobook narrated by AI, authors need to download the file…
Category: Spotify
Apps, Global IT News, Global Security News, music streaming, Spotify
Spotify, Warner Music Group sign new deal to help deliver ‘further paid subscription tiers’
Spotify and Warner Music Group (WMG) have unveiled a new multi-year agreement that covers both recorded music and music publishing, the companies announced on Thursday. WMG owns labels behind popular artists like Dua Lipa, Coldplay, and Ed Sheeran. The companies said in a press release that “the new deal will help deliver new fan experiences,…
Apps, Global IT News, Global Security News, Media & Entertainment, music streaming, Spotify
Spotify reports its first full year of profitability, adds 35M monthly active users
On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year. Spotify also reported an addition of 35 million monthly…
Amazon, amazon music, Apps, Global IT News, Global Security News, Media & Entertainment, Spotify
Amazon hikes prices for its Music Unlimited subscriptions
Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going…
Artist payout, artists, Global IT News, Global Security News, Media & Entertainment, music streaming, Spotify
Spotify says it paid $10 billion to music industry last year
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 billion in industry payouts since its inception. This is another effort from Spotify to dispel reports that the company doesn’t reward artists properly for their work. The key point…
Apps, courses, digital learning, educational, Global IT News, Global Security News, learning, Media & Entertainment, Spotify, streaming service
Spotify introduces educational audio courses, starting in the UK
Spotify is expanding its streaming service to now include educational courses in addition to music, podcasts, and audiobooks. The company on Tuesday announced the launch of a new feature called courses, which will allow users to learn about topics in areas like business, tech, lifestyle, music, and more. The feature will initially be made available…
Apps, courses, digital learning, educational, Global IT News, Global Security News, learning, Media & Entertainment, Spotify, streaming service
Spotify’s educational audio courses could be coming to U.S.
Spotify is expanding its streaming service to now include educational courses in addition to music, podcasts, and audiobooks. The company on Tuesday referenced one of its newer features called courses, which allow users to learn about topics in areas like business, tech, lifestyle, music, and more. The feature is initially being piloted in the U.K.,…
Apps, creator economy, Global IT News, Global Security News, Media & Entertainment, music streaming, Podcasts, Spotify
Spotify’s partner program for podcast hosts is now available
Spotify announced Thursday the launch of its new “Partner Program” that lets popular podcast hosts monetize their video content. Spotify’s new program gives qualifying creators on its platform opportunities for extra income beyond just advertising revenue, such as video payouts. The program was initially announced back in November and is officially available in the U.S.,…