Reuters | | Posted by Ritu Maria Johny
Spotify Technology SA stated on Wednesday it might roll out new options like sensible shuffle and previews of podcasts and music playlists on its audio streaming platform, because it crossed 500 million in month-to-month energetic listeners.
The Swedish firm, which has invested closely in build up its podcast and audiobooks enterprise lately in a bid to draw customers and advertisers, introduced the “new re-imagined user interface” at its Stream On occasion.
Spotify additionally shared an replace to its annual music royalties report, noting that the variety of artists making over $1 million in addition to these producing over $10,000 had greater than doubled previously 5 years.
Also learn: Woman asks man for a date by way of an cute Spotify playlist, wins hearts
Earlier this 12 months, Spotify stated it might tighten spending and work to turn out to be environment friendly given the robust macroeconomic backdrop and projected the variety of listeners would attain 500 million within the present quarter.
Features like autoplay for podcasts, personalised visible and audio previews of podcast episodes and audiobooks or music playlists, and new feeds for discovery might be rolled out in waves beginning Wednesday, Spotify stated.
Source web site: www.hindustantimes.com
