Spotify has expanded into fitness content by partnering with wellness creators and Peloton to offer workouts directly on its app. Users can access music and video workouts through a new Fitness hub, including over 1,400 ad-free Peloton classes for Premium users in select markets. This move leverages Spotify's data showing high workout engagement among subscribers and aims to make the app a central hub for fitness activities. The content is available in multiple languages and can be downloaded for offline use, with creators benefiting from Spotify's monetization tools.
Spotify Technology SA is forecasted to deliver steady second-quarter results, with Jefferies maintaining a positive long-term outlook and a $600 price target. The investment bank expects gross margins around 33.1%, revenue growth of 15% year-over-yea...
Spotify has extended its "Managed Accounts" feature, allowing parents to control their children's music listening, to its free tier in the U.S., U.K., Australia, France, Germany, and the Netherlands. Previously available only to paid subscribers, thi...
Spotify has introduced a new AI-powered chat feature for Premium users in the U.S., Ireland, and Sweden, allowing interactive conversations to select music, podcasts, or audiobooks. Available on iOS and Android for users 18+, the beta release lets us...
