Spotify Adds Audiobooks, Party Competition to Wrapped 2025

Spotify’s Wrapped 2025 is here, and as usual, the streaming service is mixing up its annual lists including Top Global Artist (Bad Bunny), Top Global Podcast (“The Joe Rogan Experience”) and Top U.S. Artist (Taylor Swift) with some surprises. The company has included top audiobook genres for the first time, also adding “author clips” — messages from authors populated for those who’ve listened to their books. The platform is also extending the traditional Wrapped playlist — a list of each Spotify account holder’s most-played tunes — with the Wrapped Party, which lets friends go head-to-head to see who is the bigger fan. Continue reading Spotify Adds Audiobooks, Party Competition to Wrapped 2025

Spotify Reports Q4 Loss Despite 20 Percent Growth in Users

Spotify reported strong net growth of 33 million new monthly active users but another quarterly loss for Q4 2022, culminating a period during which the company invested heavily in podcasts. The news came amidst layoffs and an announcement that the company’s chief content and advertising officer Dawn Ostroff will depart. Spotify CEO Daniel Ek conceded with regard to the aggressive podcast growth that he “probably got a little carried away and overinvested relative to the uncertainty we saw shaping up in the market.” Given the result — 20 percent global user growth, to 489 million MAUs — Ek concluded “I would do it again.” Continue reading Spotify Reports Q4 Loss Despite 20 Percent Growth in Users