Spotify has introduced narrated long-form magazine articles to its app, available to Premium subscribers as part of their monthly audiobook listening hours and for purchase by free users. Over 650 articles from major publications like Rolling Stone and Vogue are offered, narrated using a mix of human and digital voices. This move aims to diversify Spotify's audio content beyond music and podcasts, encouraging users to explore long-form listening and potentially boosting audiobook engagement and revenue. Spotify continues to expand its audio offerings, including AI-generated content and fitness audio.
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...
