"We believe this engagement from artists, labels and publishers shows a strong sign that there's an increased appetite for more marketplace tools and services” - Daniel EkSpotify, being the pioneer in everything digital audio and streaming, officially acquired Soundtrap - a subscription based remote recording studio - in 2017, and Gimlet Media and Anchor - podcast and distribution platforms - in Feb 2019. Last week, Soundtrap, the Stockholm based subsidiary of Spotify, launched a feature called Soundtrap for Storytellers. It is a one-stop shop podcast focused platform that offers recording, remote interviewing along with video features, audio production, transcript publishing and an option to directly publish the content on Spotify. It’s available for use at $14.99 a month. Spotify released a news statement on May 16, 2019, talking about the boom in the podcasting industry and the use for platforms like Anchor. Anchor works with a mission to “democratize audio” and it provides creators with all the tools they require to make, share and monetize their podcasts on the go. The statement talks about the need for podcasters (seasoned and amateurs) to understand the need and method of storytelling, building a brand, streamlining content and thus connecting with the audience.
The record label posted a net income of $48 million for the quarter ending September 30, marking a significant 69%....
November 22, 2024
This marks a year-on-year increase of 12% for premium subscribers and 11% for free users, bringing Spotify’s total monthly active....
November 14, 2024
For the quarter ending September 30, Saregama reported a revenue surge to Rs 241.83 crore, up from Rs 172.35 crore....
November 06, 2024
Universal is currently engaged in litigation with Anthropic AI and Suno and Udio over the use of the label's recordings....
October 29, 2024