Music streaming giant Spotify said Tuesday that it had 713 million active users at the end of the third quarter, while paying subscribers rose 12 percent to reach 281 million.
Spotify co-founder Daniel Ek will step down as CEO on January 1st and become executive chairman, handing the reins to two of his deputies in a leadership shake-up, the music streaming giant said on Tuesday.
Swedish music streaming company Spotify unveiled several measures on Thursday to encourage artists and publishers to be more transparent about their use of artificial intelligence, as well as to limit certain abuses.
A Swedish appeals court has rejected streaming giant Spotify's request to let staff work night shifts, upholding a decision by the administrative court.
Several unions are now threatening to join a possible strike at Swedish fintech giant Klarna, with a mediator brought in to try to resolve the conflict.
Spotify on Tuesday reported a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.
Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.
Music streaming giant Spotify on Tuesday reported that it had 515 million monthly active users as of the end of March, beating expectations, as its operating loss deepened. The Swedish company also saw the number of paying subscribers grow to 210 million.
When three Swedish unions formally contacted Spotify to request a collective bargaining agreement on Wednesday, it marked the end of six months of activism for Henry Catalini Smith, the British head of Spotify Workers, the company's Unionen club. He tells The Local how it came about.
After Sweden's engineers' union took the historic step of seeking a collective bargaining agreement with Spotify, the music streaming service, The Local spoke to union lawyer Heléne Robson about what happens next.
Three of Sweden's leading white-collar unions have sent a formal request to the Spotify music streaming service, calling on them to start negotiations over a collective agreement.
Spotify founder Daniel Ek said he had been 'too ambitious' as the Swedish streaming giant on Monday announced it is cutting six percent of its approximately 10,000 employees.
The world's most popular streaming service Spotify has recorded wider losses on rising costs even though subscriber numbers beat expectations in the second quarter.
Audio streaming platform Spotify said on Wednesday it aims to have one billion users by 2030, as well as an annual revenue of $100 billion within ten years.
On Wedneday, Swedish music streaming giant Spotify reported a lower than expected growth in paying subscribers in the first quarter, citing its exit from Russia.
Swedish music streaming giant Spotify has responded to criticism after artists including Neil Young pulled their songs from the platform in protest at misinformation.
The owner of Spotify, Daniel Ek, has offered to buy Premier League club Arsenal amid supporter backlash against their unpopular American owner, Stan Kroenke.
