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.
Spotify has announced a new AI-powered feature that can translate podcasts into different languages using the host's own voice, making the listening experience more authentic and natural.
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 CEO Daniel Ek initially thought the idea of a music streaming platform was terrible, but eventually founded Spotify after realizing the potential to compensate artists and offer a better alternative to piracy, despite facing numerous challenges along the way.
Spotify CEO Daniel Ek warns that implementing AI regulations now would quickly become outdated due to the rapid pace of technological advancements.
Spotify is reportedly developing AI-powered playlists that users can create using prompts, as hinted by code references discovered in the app, potentially expanding personalization and music recommendation features.
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 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 restricting certain features for its free tier users in India in order to encourage more users to switch to the paid subscription model, as the market matures and the company seeks to increase its revenue.
Cher criticizes the use of AI in the entertainment industry, stating that it should be illegal after an AI-generated version of her singing a Madonna song shocked her, expressing concerns about artists' voices and roles being taken away.
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.