Spotify (SPOT) planning new premium tier - Bloomberg

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Spotify (SPOT) gains 2% after-hours on upgrade

June 20, 2023 5:01 PM EDT

Spotify (NYSE: SPOT) gained 2% after-hours Tuesday after picking up an upgrade at Wolfe Research:

Wolfe Research upgraded shares to Outperform in assumed coverageThe analyst cited near-term margin driversShares of SPOT fell 2% intra-day Tuesday despite reports it is planning a new premium tier, dubbed 'Supremium', according to Bloomberg News.... More

Spotify (SPOT) Plans New Premium Tier, Expected To Include Hifi Audio - Bloomberg

June 20, 2023 7:01 AM EDT

(Updated - June 20, 2023 7:22 AM EDT)

Spotify (NYSE: SPOT) is planning a more expensive subscription option that's expected to include high-fidelity audio, according to a report from Bloomberg, citing people familiar with the strategy.

The new tier will be called... More

Harry and Meghan's Spotify deal comes to an end

June 16, 2023 7:04 AM EDT

LONDON (Reuters) - Prince Harry and his wife Meghan's multi-year agreement with streaming giant Spotify to produce podcasts has ended with just one series made.

The Swedish company announced the partnership with the Duke and Duchess of Sussex in late 2020 after they stepped down from royal duties and began to forge new careers in California.

It was estimated by media to have been worth as much as $20 million or more.

... More