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Raymond James upgraded shares of Spotify to Outperform from Market Perform earlier this week and offered a price target of $150 per share, implying upside of 35% from Monday's closing prices.
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Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
As expected, Spotify has finally raised the price of its premium music-streaming subscription in the U.S. to $10.99 per month — the first such price hike since the service launched in the ...
Spotify is hoping to jump-start its push into audiobooks — announcing that paying subscribers can access up to 15 hours free listening per month from among 150,000 titles. A year ago, the audio ...
Spotify launched in the United States in July 2011, and offered a six-month, ad-supported trial period, during which new users could listen to an unlimited amount of music for free. In January 2012, the free trial periods began to expire, limiting users to ten hours of streaming each month and five plays per song. [ 21 ]
South Korean boy band BTS is the most-streamed group in Spotify's history. [ 1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of August 2024, Canadian rapper Drake is the most-streamed artist of all time, with over 100 billion streams. [ 2] American singer Taylor Swift is the most-streamed ...
Spotify is giving listeners who don’t care about having access to audiobooks as part of their subscription a $1 monthly price break. On Friday, the audio streaming giant announced a new Basic ...
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