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Tag Archives: Spotify

Apple disputes Spotify anti-competitive claims

Paris, France | AFP | Apple dismissed Friday Spotify’s accusations of anti-competitive behaviour, saying the Swedish music streaming giant was trying to enjoy the benefits of its online market without paying the cost of its upkeep. Spotify filed on Wednesday a formal complaint with the EU Commission that took issue with …

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Spotify earnings hit sour note on Wall Street

New York, United States | AFP | Spotify shares took a hit Thursday after a disappointing growth outlook offset the first-ever quarterly profit posted by the streaming music sector leader. Shares in the Swedish-based music group slid 5.7 percent to close at $141.16 after the company’s third quarter earnings report. …

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Spotify ramps up free service in bid for expansion

New York, United States | AFP | Spotify on Tuesday announced a major expansion of its free service, hoping that a more option-rich platform will boost its ambitions to make music streaming even bigger worldwide. Weeks after its successful listing on the New York Stock Exchange, the leading streaming company said …

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Spotify soars in $26 billion stock debut

New York, United States | AFP | Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming. In one of the largest public offerings ever in the tech sector, Spotify on …

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Drake dominates Spotify for another year

New York, United States | AFP |  Rap superstar Drake has dominated Spotify for the second straight year, ending 2016 as the most streamed artist and with both the most heard album and song. The world’s leading streaming service, releasing figures Thursday for the past one-year period, said that its …

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