Spotify has partnered with Peloton to expand its fitness offerings by adding video content from top trainers and curated playlists from wellness creators. This update allows both free and Premium users to access a new fitness category by searching "fitness" in the app, with Premium members gaining ad-free, on-demand Peloton classes in multiple languages and offline access. Spotify aims to become a comprehensive workout hub, responding to high user demand for fitness content, as over 70% of members already use the platform during workouts. This move could enhance user engagement and diversify Spotify's content beyond music and podcasts.
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...
