Categories Spotify

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Spotify users are streaming again, but ad revenues still suffer due to COVID crisis

The COVID-19 pandemic’s continued impact on Spotify’s business was apparent in the results of the company’s Q2 2020 earnings today. On some fronts, Spotify had good news. As more users turned to streaming services to keep themselves entertained while social distancing, Spotify grew its active monthly users by 29% to […]

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Former Spotify marketing exec-turned-VC Sophia Bendz on her love of early-stage investing

Earlier this month, venture capitalist and former Spotify global director of marketing Sophia Bendz announced that she was leaving London-based Atomico to join Berlin’s Cherry Ventures. Her stated reason for leaving the London VC firm — which mainly does Series A and Series B rounds — is that, having made […]

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Facebook strikes global licensing deal with Indian music label Saregama

Facebook said on Wednesday it has entered into a global deal with Saregama, one of India’s oldest music labels, to license its music for video and other social experiences across its eponymous service and Instagram. The partnership, which comes weeks after Swedish music giant Spotify also signed a deal with […]

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Tencent Music bets on China’s crowded podcasting space

Listeners of podcasts, audiobooks and other audio shows are estimated to number 542 million in China this year, according to a third-party survey by marketing firm iiMedia. It’s a healthy jump from the 489 million users recorded in 2019, and it no doubt has attracted new players to the game. […]

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Spotify officially launches a shared-queue feature called Group Session

Spotify is introducing a new feature, Group Session, that will allow two or more of its Premium users in the same space to share control over the music being played. Essentially a “party mode” of sorts, Group Session participants can control what’s playing in real time as well as contribute […]

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Equity Shot: 1% is the new “growth”

Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic. There was so much news this week in our main areas of focus — startup funding rounds, new venture funds, that sort of thing — that we had to […]

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Equity Monday: Startups run low on cash, and why some Internet tailwinds are fading

Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Regular Equity episodes still drop each and every Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re only adding to the mix. You can catch last week’s show with Danny […]

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Twitch snags Spotify’s Tracy Chan as its new head of Product & Engineering for Music

Musicians have been quickly turning to Twitch to support themselves during the COVID-19 pandemic, as they’re no longer able to make money from live gigs and touring. Now Twitch is staffing up to turn this ad hoc use of Twitch into more of a formal product. The company today announced […]