spotify

Spotify pays $100mn to podcasters in Q1 2025

In a powerful signal of its continued investment in the creator economy, Spotify has revealed that it paid out more than $100 million to podcast publishers and podcasters around the world in the first quarter of 2025. The figure not only underscores the platform’s growing influence in the audio space, but also reflects its deeper push into vi...


Spotify

Spotify introduces SAX ad exchange

Spotify, the world’s leading audio streaming platform, has unveiled SAX (Spotify Ad Exchange), a cutting-edge programmatic ad exchange designed to revolutionize the way advertisers reach audiences through digital audio. This new platform aims to enhance ad efficiency, targeting precision, and real-time bidding capabilities, providing brands w...


Spotify

Spotify expands AI-Generated audiobook library with ElevenLabs

Spotify has announced a partnership with AI voice technology company ElevenLabs to produce more AI-narrated audiobooks. The Sweden-based streaming platform, which initially ventured into digitally narrated books in late 2023 through a collaboration with Google Play Books, now aims to provide authors with a more cost-effective and versatile so...


Spotify

Spotify’s Q4 profit outlook soars amid cost-cutting, subscriber growth

Spotify is riding a wave of optimism into the holiday season, forecasting fourth-quarter profit well above Wall Street’s expectations. The Swedish audio-streaming giant anticipates operating income of euro 481 million ($509.76 million), surpassing analysts' estimates of euro 445.7 million, thanks to aggressive cost-cutting and steady growth in s...