During Stream On, we’ll share new developments to help creators continue to chart pathways to success and build a truly global audience.
When competition is fair, both consumers and companies win. Learn about our efforts to even the playing field for all developers.
Artists deserve clarity about the economics of music streaming. This site sheds light on the global streaming economy and royalty system.
Music and football come together in a way that’s entirely new in our partnership with FC Barcelona.
Today, Spotify announced our second quarter 2022 financial performance. Click here to review the full earnings release, and take a look at the highlights below:
Interested in hearing more? You can listen to the webcast Q&A on the IR site here.
Click below to check out a sizzle reel of audio trailers from a few of our recent original and exclusive podcasts.
Hear more from our CFO Paul Vogel in the latest episode of Spotify: For the Record.
Idag publicerar Spotify sina finansiella resultat för andra kvartalet 2022. Klicka här för att ta del av hela den finansiella pressreleasen och kolla in höjdpunkterna nedan:
Vill du höra mer? Lyssna gärna på vår Q&A-webcast på IR-sajten här.
Klicka nedan för att kolla in trailers från några av våra senaste original och exklusiva podcasts.
When we launched Spotify Greenroom in 2021, we wanted to connect fans and creators on a deeper level through live listening in the Spotify ecosystem. Since then, Spotify Greenroom has evolved through updates and iterations that have enhanced the live-listening experience.
Now, as our audio offerings continue to evolve, we are changing the name of Greenroom to Spotify Live—and bringing its live capabilities directly onto the Spotify app. This change reflects our belief in the future of live-audio creators and live experiences being provided to all 406 million Spotify listeners around the globe.
Spotify Live can now be found both as the stand-alone app listeners and hosts know and love, and as a livestream function in the Spotify app alongside your favorite music and podcasts. Listeners will be able to tune in to live programming on Spotify via the creator’s podcast or artist page, and if they want to participate in the chat or join the host onstage, they can head to the Spotify Live app to do so.
To start, we’re making live audio in the Spotify app available for select original programming. Independent creators who wish to go live can still do so in the Spotify Live app.
To kick off this exciting evolution of our live-audio offering, we’ll be highlighting our top audio creators through exclusive, first-of-its-kind programming in addition to the full slate of original programming we’ve already introduced.
These events will begin rolling out today, starting with a live edition of Off the Record with DJ Akademiks. You can access these shows directly from the creators’ artist pages to listen live on Spotify. If you want to get in on the conversation or chat with other fans tuning in, then head over to the Spotify Live app for the chance to comment and to interact with other listeners in real time.
Here is just some of the exciting live content coming to Spotify in April and May:
Already the host of Spotify Exclusive podcast Call Her Daddy, Alex Cooper is now going live with an evening talk show. Starting Wednesday, April 13 at 10 p.m. EST, fans will get to listen live as Alex continues the honest, uncensored conversations from her popular podcast. And for those of you who can’t catch it live, After Hours will be available to stream each week on demand. The “Call Her Daddy” podcast has million of listeners worldwide and was the second most popular podcast globally in Spotify’s 2021 Wrapped.
Late night on Friday, April 15, Spotify will be hosting an exclusive, first-of-its-kind event live from the desert with Swedish House Mafia. Fans in select markets will be able to tune in to the live DJ set on Swedish House Mafia’s artist page as Spotify celebrates their reunion and release of their new album, Paradise Again. Don’t sleep on this one because the only way you’ll be able to listen is live.
The NBA playoffs are just around the corner, and Hasan Minhaj (aka Batman’s latest Riddler) isn’t playing around. Starting in May, during the NBA conference finals, Hasan will break down all the action, bringing his knowledge of the game to other fans with help from a few special guests. More details to come as the NBA playoffs get underway.
DJ Akademiks is a talk show powerhouse, and now his podcast, Off the Record with DJ Akademiks, is going live on Spotify. Catch him and special guest Waka Flocka Flame April 12 at 12:30 p.m. EST as they discuss the state of music, entertainment, and culture today. And stay tuned for future live shows.
If you’re tired of your agony aunt’s all-too-reasonable advice, Tana’s Toxic Tips is for you. Starring the internet’s favorite influencer Tana Mongeau, this live show will give Tana the chance to speak directly to fans. The show will premiere Wednesday, April 13 at 9 p.m. EST and will be recorded for on-demand listening.
Already have your favorite live series penciled into your calendar? You’ll be able to hear all of them straight in the Spotify app. Don’t forget about:
Let the live listening begin! Our Spotify Live lineup starts this evening, but don’t forget to tune in to Swedish House Mafia’s set, live from California, on Friday, April 15. Stay up-to-date on live programming and news by following @SpotifyLive on Twitter and Instagram!
On this week’s episode of our podcast Spotify: For the Record, we look at the live audio space to see where it’s headed and how Greenroom is part of the equation.
Earlier this year, we introduced Spotify Greenroom, our new live audio app. Available on iOS and Android in over 135 markets, the app offers creators and users a whole new way to connect. From real-time sports reactions to instant interactions with your favorite artist, live audio is providing a new avenue for listeners to engage with content that interests them.
On the podcast, Spotify’s Head of Creation Platform, Michael Mignano, brings us up to speed on live audio and the appeal of joining the conversations taking place in these virtual rooms. Next, mixed martial arts journalist and The Ringer’s Ariel Helwani shares how he’s using Greenroom as a way to provide live sporting event coverage and connect with an international audience. Finally, Hot Pod News founder Nick Quah talks about the live audio medium, how it differs from traditional podcasting, and where he expects it to go from here.
Get all the details by listening to “Spotify Greenroom & the Future of Live Audio.”
At Spotify, we’re constantly iterating and innovating the future formats of audio in order to enable creators and their fans to connect in new ways. So in March, when we announced the acquisition of Betty Labs, the creators of Locker Room, we marked the addition of live audio as part of the Spotify ecosystem. This move provides yet another opportunity for creators of all types to connect with their fans more deeply and meaningfully.
Since bringing the Locker Room app into the fold, we’ve been working to expand its capabilities, with the goal of creating a live audio experience that will delight creators and listeners everywhere. And we wanted to do it with a Spotify twist that operated as an extension of the app already loved by 356 million listeners. That’s why we renamed it “Spotify Greenroom,” as our Founder and CEO, Daniel Ek, announced in an episode of the Spotify: For the Record podcast.
Today, we’re making Spotify Greenroom available for the first time in its new form, available on iOS and Android in over 135 markets around the world. We’re building Greenroom with the creators and artists in mind who make Spotify great, optimizing for interactivity and deep connections between participants in live rooms. The app, rolling out today, includes:
You can…
Join a group
Search for upcoming rooms
Join a room
And even create a room.
The Greenroom offering will continue to evolve as we learn more about what creators and listeners want from their live audio experience. We’ll also bring exciting new programming to the platform spanning music, culture, and entertainment topics in addition to the sports content Locker Room has been known for.
And in the interest of making Greenroom the premier creator-friendly live audio platform, we’re also proud to announce that we will be launching a Spotify Creator Fund, which will help live audio creators monetize their work. Anyone who is interested can sign up to find out more about participation when the Creator Fund opens later this summer.
We believe Spotify has an opportunity not only to enable live broadcasts, but to aid discovery, drive consumption, and accelerate growth of the live category overall. Today’s app unveiling is our opportunity to begin laying the foundation for the exciting roster of content and capabilities Spotify has in store in our venture into live audio.
Stay tuned for more information, including new content programming and product features later this summer.
Connecting fans to artists (and vice versa) is important to us. We’re always working on more ways to help listeners get to know and share music from their favorite creators—whether that’s by catching the newest tracks on their Release Radar playlist or by sharing Canvas videos to their socials. This past year in particular, we’ve realized that fostering this connection is more important than ever. So today, we’re pleased to share our most recent exploration: a virtual concert experience.
We know that fans care deeply about supporting artists and connecting with their music through live performances. And while some parts of the world are beginning to open up, we recognize not everyone is comfortable with or able to attend in-person events just yet. These shows will allow fans to experience and support their favorite artists while immersing themselves in a performance-style experience they crave.
Throughout the next month, Spotify will give fans access to five intimate, ticketed performances in partnership with producer Driift. (Just make sure to tune in at the designated date and time so you don’t miss anything.) Plus, we’ll be better integrating concerts into the overall listening experience by making performances easier to find and helping fans track the events and artists they care about.
We’re kicking off with five prerecorded livestreams:
Fans can get excited for 40-75-minute concerts where their favorite artists will perform songs they know and love—whether new or classics. Tickets available here.
“I’m excited to collaborate with Spotify on this intimate concert experience that will feature songs from across my catalog, including a few tunes from my new album, Gold-Diggers Sound,” says Leon Bridges. “I’ve truly missed seeing my fans around the world this year, and we are working hard to bring the concert experience to your home, thanks to Spotify.”
Since the performance alerts are personalized to our listeners, some users will get notifications about the concerts we think they’ll love most. Fans of The Black Keys, for example, will start to receive notifications on May 19 for the performance taking place on May 27.
“We have always been a band that loves to play live in venues of all shapes and sizes,” says The Black Keys. “The past year has been tough for musicians and fans alike, so we wanted to find a way to share this live performance of songs from our new project, Delta Kream, from a place we love, the Blue Front Café, the oldest active juke joint in America. We’re excited to be a part of this new initiative with Spotify that will give fans a great way to connect with their favorite artists.”
Anyone can purchase a ticket for $15 (plus tax) or the local currency equivalent at spotify.live. Those who don’t already have a Spotify account can buy a ticket and enjoy the experience by signing up for a free account.
Our ultimate goal, as always, is to help artists and fans connect to one another and share their art. These five shows strengthen that commitment and create a unique performance opportunity that creators and listeners are sure to love.
Excited? So are we. Head to spotify.live to purchase tickets and learn more.
During Spotify’s first-ever Stream On event last month, we explored the journey of creation, the promise of interactivity, and the investments we’re making to further unlock audio’s potential. Today, we are announcing that Spotify has acquired Betty Labs, the creators of Locker Room, a live audio app that’s changing the way insiders and fans talk about sports. This acquisition* builds on our work to create the “future formats of audio” and will accelerate Spotify’s entry into the live audio space.
“Creators and fans have been asking for live formats on Spotify, and we’re excited that soon, we’ll make them available to hundreds of millions of listeners and millions of creators on our platform,” said Gustav Söderström, Chief Research & Development Officer at Spotify. “The world already turns to us for music, podcasts, and other unique audio experiences, and this new live audio experience is a powerful complement that will enhance and extend the on-demand experience we provide today.”
In the coming months, Spotify will evolve and expand Locker Room into an enhanced live audio experience for a wider range of creators and fans. Through this new live experience, Spotify will offer a range of sports, music, and cultural programming, as well as a host of interactive features that enable creators to connect with audiences in real time. We’ll give professional athletes, writers, musicians, songwriters, podcasters, and other global voices opportunities to host real-time discussions, debates, ask me anything (AMA) sessions, and more.
Betty Labs is a forward-leaning team of developers, engineers, product thinkers, and sports fans focused on creating groundbreaking live experiences. The company, which was initially backed by Lightspeed Venture Partners, and more recently by GV and Precursor Ventures, first introduced Locker Room to sports fans in October 2020. Looking ahead, Spotify will leverage its unparalleled data, insights, and strength in user experience to build out a full complement of live and on-demand offerings for users and creators across the globe.
“We are excited to join forces with Spotify and contribute to building the future of audio—we’ll invest more in our product, open the experience to Spotify’s audience, diversify our content offerings, and continue expanding the community we’ve built,” said Betty Labs Founder and CEO Howard Akumiah. “With Spotify, we’ll continue to offer the best home for sports fans and use the lessons we’ve learned along the way to create the ultimate destination for live conversation around music and culture.”
Interested in learning more? Check back here in the coming months for all the latest news and updates.
*Terms of the transaction were not disclosed.
Forward-Looking Statements
This blog post contains estimates and forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” and similar words are intended to identify estimates and forward-looking statements.
Our estimates and forward-looking statements are mainly based on our current expectations and estimates of future events and trends, which affect or may affect our businesses and operations. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to numerous risks and uncertainties and are made in light of information currently available to us. Many important factors may adversely affect our results as indicated in forward-looking statements. These factors include, but are not limited to: our ability to attract prospective users and to retain existing users; competition for users, user listening time, and advertisers; risks associated with our international expansion and our ability to manage our growth; our ability to predict, recommend, and play content that our users enjoy; our ability to effectively monetize our Service; our ability to generate sufficient revenue to be profitable or to generate positive cash flow and grow on a sustained basis; risks associated with the expansion of our operations to deliver non-music content, including podcasts, including increased business, legal, financial, reputational, and competitive risks; potential disputes or liabilities associated with content made available on our Service; risks relating to the acquisition, investment, and disposition of companies or technologies; our dependence upon third-party licenses for most of the content we stream; our lack of control over the providers of our content and their effect on our access to music and other content; our ability to comply with the many complex license agreements to which we are a party; our ability to accurately estimate the amounts payable under our license agreements; the limitations on our operating flexibility due to the minimum guarantees required under certain of our license agreements; Spotify Technology S.A. 42-44 avenue de la Gare, LU-1610 Luxembourg 10 our ability to obtain accurate and comprehensive information about the compositions embodied in sound recordings in order to obtain necessary licenses or perform obligations under our existing license agreements; new copyright legislation and related regulations that may increase the cost and/or difficulty of music licensing; assertions by third parties of infringement or other violations by us of their intellectual property rights; our ability to protect our intellectual property; the dependence of streaming on operating systems, online platforms, hardware, networks, regulations, and standards that we do not control; potential breaches of our security systems; interruptions, delays, or discontinuations in service in our systems or systems of third parties; changes in laws or regulations affecting us; risks relating to privacy and data security; our ability to maintain, protect, and enhance our brand; payment-related risks; our ability to hire and retain key personnel; our ability to accurately estimate our user metrics and other estimates; risks associated with manipulation of stream counts and user accounts and unauthorized access to our services; tax-related risks; the concentration of voting power among our founders who have and will continue to have substantial control over our business; risks related to our status as a foreign private issuer; international, national or local economic, social or political conditions; risks associated with accounting estimates, currency fluctuations and foreign exchange controls; and the impact of the COVID-19 pandemic on our business and operations, including any adverse impact on advertising revenue or subscriber revenue. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from our estimates and forward-looking statements is included in our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F filed with the SEC on February 5, 2021, and subsequently filed SEC filings. We undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this shareholder letter.
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