Spotify founder and CEO Daniel Ek admits that he initially didn't understand the appeal of the streaming platform's popular feature, "Discover Weekly," but it turned out to be a huge success and led to the development of other personalized playlists. Ek emphasizes the importance of listening and being open to feedback as a founder.
Spotify is testing a controversial change that locks in-app lyrics behind a paywall, angering users who feel the company is taking away once-free features.
Spotify CEO Daniel Ek denies claims that users can manipulate the platform's royalty system to earn monthly payments by repeatedly listening to their own 30-second track, addressing concerns over artificial streaming and fake streams.
The boss of Spotify, Daniel Ek, stated that while there are valid uses of artificial intelligence (AI) in making music, AI should not be used to impersonate human artists without their consent, but there are debates and challenges surrounding the use of AI in the music industry. Spotify does not allow its content to be used to train machine learning or AI models, and there are increasing concerns among artists about the threat of AI to their profession.
Spotify reverses its decision on banning AI-generated music and announces plans to pilot a feature using AI to translate podcasts into different languages while retaining the speaker's voice.
Spotify CEO Daniel Ek stated that the company will not ban all AI-generated music, acknowledging the technology's valid uses while emphasizing the importance of not impersonating artists' voices.
Spotify CEO Daniel Ek is calling for the adoption of a bill in the UK that would regulate competition in digital markets, aiming to reduce the dominance of tech giants like Apple and Google.
Spotify CEO Daniel Ek has called on the UK government to take action against Apple's control as an "internet gatekeeper," criticizing its App Store policies and advocating for regulation in digital markets.
Spotify is rumored to launch a new $20-a-month tier called "Supremium," offering high-quality music, playlist mixing tools, access to audio books, and personalized features such as a "sound capsule" and 24-bit lossless audio.
Spotify is testing an AI-powered voice translation tool for podcasts in an effort to expand its reach in non-English-speaking markets and potentially increase its advertising revenue. However, investors are advised to be cautious about buying Spotify stocks until the company demonstrates improved profitability from its podcasting initiatives.
Spotify is set to launch a new 'Supremium' tier that offers lossless audio, new statistics, an audiobook feature, and AI playlist generation tools for a price of $19.99 per month.
Spotify CEO Daniel Ek is optimistic about the company's audiobook rollout and sees generative AI as a way to make audio advertising more accessible and cost-effective for marketers.
Spotify shifts its focus from original content to AI-driven tools in order to increase efficiency and scale in its podcasting business and drive profitability, as seen in its recent investor call.
