Spotify has introduced Studio by Spotify Labs, a new desktop app that uses AI to generate personalized podcasts based on users' emails, calendars, and web data. The app can create daily briefings or multi-step audio requests, saving these podcasts privately in users' Spotify libraries. This early preview, available in over 20 markets for users 18 and older, aims to compete with similar tools like Google's NotebookLM and expands Spotify's presence in AI-driven audio content. The company warns that the AI may produce errors and unreliable content as the app is still in research preview.
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...
