Spotify Latest News 2024. Spotify has reached a new milestone — for the first time in its history, the audio streaming service has posted gross profits in excess of €1 billion (€1.004bn to be specific) during the first quarter of 2024, reflecting the new strategy focusing on profitability and revenue growth. Taking effect in q1 2024, the most controversial of these changes will see spotify demonetizing tracks that receive less than 1000 plays annually.
In july of last year, spotify increased the price of its individual offering to $10.99, its duo plan to $14.99, its family plan to $16.99 and its student offering to $5.99. Over the last eight years, spotify has honored the top rising stars in the music world with an annual celebration recognizing their accomplishments in landing a nomination for best new artist.
As Of Early 2024, Spotify’s Royalty Payout Structure Has Changed.
(janerik henriksson/zuma press) spotify gave investors the price hike they were looking for.
One Notable Addition To Spotify’s Strategy In India Is The Introduction Of The Mini Plan.
Spotify hifi is seemingly being rebranded to lossless, with quality of up to 2,117kbps on the ‘supremium’ plan.
For Example, We May Share Your Cookie Data With A Marketing Partner To Inform You Of One Of Our Latest Promotions While You Are On Their Platform.
Images References :
After Trapping Myself In The New Music.
We independently review all our recommendations.
Purchases Made Via Our Links May Earn Us A Commission.
Taking effect in q1 2024, the most controversial of these changes will see spotify demonetizing tracks that receive less than 1000 plays annually.
Spotify Premium Users Can Now Turn Any Idea Into A Personalized Playlist With Ai Playlist In Beta.