Spotify – Bastard Inc http://bastard-inc.com/ Wed, 18 May 2022 20:35:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://bastard-inc.com/wp-content/uploads/2021/06/icon-150x150.png Spotify – Bastard Inc http://bastard-inc.com/ 32 32 YouTube tops Spotify in podcasting as video preference rises: report https://bastard-inc.com/youtube-tops-spotify-in-podcasting-as-video-preference-rises-report/ Wed, 18 May 2022 18:00:15 +0000 https://bastard-inc.com/youtube-tops-spotify-in-podcasting-as-video-preference-rises-report/ Podcasters create content in a casual setting. Photo credit: Kate Oseen YouTube beats Spotify in podcasting despite the billions the Stockholm-based company has invested in content and technology, according to a new study. Radio station operator Cumulus Media (which generated nearly $32 million from digital in the first quarter of 2022) and Toronto-based audio research […]]]>

Podcasters create content in a casual setting. Photo credit: Kate Oseen

YouTube beats Spotify in podcasting despite the billions the Stockholm-based company has invested in content and technology, according to a new study.

Radio station operator Cumulus Media (which generated nearly $32 million from digital in the first quarter of 2022) and Toronto-based audio research firm Signal Hill Insights recently revealed this and other stats. revealing statistics in their Spring 2022 Podcasting Report.

The entities contracted London-based Maru Group’s MARU/Matchbox division to conduct the underlying survey, in which 604 people aged 18 or over took part. Members of this “nationally representative sample” said they spent at least an hour a week listening to or watching podcasts, organizers said.

On the latter front, the Spring 2022 analysis marks Cumulus’ eighth global podcast report as well as the first breakdown that allowed respondents to qualify by “watching” podcasts. 90% of respondents said they had “listened to podcasts in the past week”, while the remaining 10% said they had “only watched podcasts” in the previous seven days.

The point is significant, as 38% of respondents “who prefer podcasts with video” most often use YouTube to enjoy media, compared to 19% for Spotify, which opened up video podcasts in “select markets” in April.

Eight percent of respondents chose Apple third on the same list, and those who use YouTube for podcasts said they spent an average of 55.5 percent of viewing time watching the video in progress.

Drawing on the statistics, a combined 57% of weekly podcast consumers prefer to listen to podcasts while watching their video either in the background (29%) or directly (28%), the study shows – against a total of 43% in October 2021.

This pivot from podcasting to video (and, in turn, YouTube) is driven by “podcast newcomers” who started listening in the past year, the report says, with 64% of people preferring to read. video in the background (31%) or while actively watching (33%).

Only 36% of these podcast newcomers said they listened exclusively to audio, not video. On the other hand, 48% of “podcast pioneers”, defined as those who jumped on the podcast bandwagon at least four years ago, only listen to audio from podcasts, compared to 54% who only listen audio for “heavy podcast listeners” (those who consume at least six hours of podcasts per week).

Finally, in terms of the changing landscape of podcast listening, YouTube managed to overtake Spotify as the platform that respondents use “the most to access” their favorite programs, as mentioned at the start.

Excluding people who only access podcasts through video, 24.2% of survey participants said YouTube was their preferred platform, compared to 23.8% for Spotify and 16% for Apple. From October 2021, YouTube added 5.2% to its total, while Spotify increased by 3.8% and Apple even decreased by 4%.

Including video-only podcast enthusiasts, 25% of respondents said they most often use YouTube for their programming needs, compared to 23% for Spotify and 15% for Apple, which parted ways with 11% of its share since July 2019. .

Other interesting takeaways from the podcasting report include:

The growing share of podcasting from Apple, Spotify and YouTube

The report says 64% of weekly podcast listeners primarily use Apple (16%), Spotify (24%) or YouTube (24%) to access programs, up from a cumulative total of 55% in July 2019.

During the same period, Apple’s share fell by 10%, while Spotify’s and YouTube’s shares increased by around 10% each.

Willingness of podcast fans to attend related events

43% of weekly podcast listeners said they were very likely (24%) or somewhat likely (19%) “to attend a live event for your favorite podcast in the next six months,” making the space programs even closer to their character. relatively long talk shows of yesteryear.

The intersection of podcast listeners and video streaming service users

94% of weekly podcast listeners “have used a video streaming service in the past month”, according to the analysis, including 80% specifically for Netflix. Amid the rise of video podcasting, Netflix is ​​reportedly gearing up to add live content to its library.

]]>
Spotify is testing NFT galleries on artist pages https://bastard-inc.com/spotify-is-testing-nft-galleries-on-artist-pages/ Tue, 17 May 2022 04:27:02 +0000 https://bastard-inc.com/spotify-is-testing-nft-galleries-on-artist-pages/ San Francisco, May 17 (IANS): Music streaming giant Spotify has likely started testing non-fungible token (NFT) galleries on artist pages. According to The Verge, the music streaming platform has rolled out the test for some users on Android in the US and currently includes NFT previews for artists like Steve Aoki and The Wombats. […]]]>

San Francisco, May 17 (IANS): Music streaming giant Spotify has likely started testing non-fungible token (NFT) galleries on artist pages.

According to The Verge, the music streaming platform has rolled out the test for some users on Android in the US and currently includes NFT previews for artists like Steve Aoki and The Wombats.

“Spotify is running a test in which it will help a small group of artists promote their existing third-party NFT offerings through their artist profiles,” a company spokesperson said in a statement to Music Ally.

“We regularly run a number of tests with the aim of improving the experience for artists and fans. Some of these tests end up paving the way for a larger experience and some are just for important learning. .”

Spotify did not immediately respond to The Verge’s request for comment.

The report mentions that Spotify will also offer users the “See more” option, which will direct them to the NFT’s page on OpenSea where they can purchase it. But Spotify doesn’t seem to support NFTs that are videos or GIFs.

It only shows a static image of the NFT in the app, not the full video.

It also doesn’t include sound, which is quite odd for a music streaming platform. Users can only listen to the NFT or see if it is a video or a GIF by clicking on its page on OpenSea.

According to Music Ally, Spotify won’t take any commission from NFT sales made through the app and is only testing the integration.

]]>
Barack and Michelle are ditching Spotify for podcast freedom https://bastard-inc.com/barack-and-michelle-are-ditching-spotify-for-podcast-freedom/ Sun, 15 May 2022 12:00:00 +0000 https://bastard-inc.com/barack-and-michelle-are-ditching-spotify-for-podcast-freedom/ FILE – In this Oct. 31, 2017, file photo former President Barack Obama, right, and former Prime … [+] Lady Michelle Obama appears at the Obama Foundation Summit in Chicago. The Barack and Michelle Obama publisher has pledged to donate 300,000 children’s books to a leading educational organization, adding to the one million copies already […]]]>

Spotify loses Barack and Michelle Obama after their exclusive partnership ended in October. They disagree with Spotify over how many shows from its Higher Ground media company would feature the former president and first lady. Now, our perennials POTUS and FLOTUS are seeking a deal that would allow them to distribute shows across multiple platforms at once.

The breakdown you need to know:

The Obamas’ deal with Spotify was rumored to be worth $25 million. Higher Ground’s first podcast for this platform was “The Michelle Obama Podcast”, released in mid-2020, which at one point ranked as the most streamed Spotify Original to date. CultureBanx noted that the company also produced “Renegades: Born in the USA,” a series of conversations between Barack Obama and Bruce Springsteen, released on Spotify last year.

Spotify has spent billions to establish itself as a top podcast destination and typically seeks exclusivity from famous personalities in an effort to promote its platform, which is likely why it declined to bid for a new contract, according to Bloomberg. The deal was originally signed in 2019 and caused Obama a lot of frustration with its exclusive terms.

And after:

The podcasts that Higher Ground has produced for Spotify will continue to launch on the streaming platform throughout the fall and retain the rights to “The Michelle Obama Podcast” in perpetuity. The company is currently in talks with other audio distribution companies, including Amazon

AMZN
owned by Audible and iHeartMedia

IHRT
hoping to secure a non-exclusive deal for its podcast content, which is expected to be worth tens of millions of dollars.

]]>
Meghan Markle News: Duchess and Harry warned Spotify deal could ‘erode’ brand if unsuccessful | royal | News https://bastard-inc.com/meghan-markle-news-duchess-and-harry-warned-spotify-deal-could-erode-brand-if-unsuccessful-royal-news/ Sat, 14 May 2022 06:00:00 +0000 https://bastard-inc.com/meghan-markle-news-duchess-and-harry-warned-spotify-deal-could-erode-brand-if-unsuccessful-royal-news/ Meghan Markle and Harry have confirmed their attendance at the Queen’s Jubilee The Duke and Duchess of Sussex left their royal duties two years ago and moved to the United States, where they reside with their two children – Archie and Lilibet. The couple have continued to pursue business opportunities outside of the company, including […]]]>

Meghan Markle and Harry have confirmed their attendance at the Queen’s Jubilee

The Duke and Duchess of Sussex left their royal duties two years ago and moved to the United States, where they reside with their two children – Archie and Lilibet. The couple have continued to pursue business opportunities outside of the company, including signing a major deal with Spotify, worth £18million.

However, the partnership did not produce any content for the streaming platform in 2021.

So far, Archewell Audio has only released one show, a 35-minute special featuring guests such as Deepak Chopra, James Corden and Elton John.

According to reports, Spotify was expecting more content from the Sussexes last year.

Indeed, their company Archewell Audio hired podcast producer, Rebecca Sananes in the summer of 2021, and said they look forward to sharing more content later in the year.

The Duke and Duchess of Sussex have signed a deal with Spotify, worth £18million after leaving office (Image: Getty)

Meghan Markle

Meghan is to host a podcast series called Archetypes for Spotify (Image: Getty)

However, no new projects for the couple have appeared on the platform.

Since then, Meghan announced that she was working on a podcast called “Archetypes”.

The show is meant to “dissect, explore and subvert the labels that hold women back,” according to a press release.

Marketing expert Baruch Labunski believes that if the couple have a “positive experience” with Spotify, it could boost their “overall brand”.

But the internet marketing expert and CEO of the web consultancy firm says the deal could otherwise “erode it further”.

Mr Labunski is referring to the couple’s recent blow after one of the Sussexes’ two announced projects with Netflix was dropped from development.

Earlier this month it was reported that Netflix had removed an animated series created by the Duke and Duchess of Sussex as part of their $100m (£72m) partnership with the streaming giant .

READ MORE: Sussex tipped for ‘second Oprah interview’ for ‘damage control’

Harry and Meghan

Harry and Meghan have so far only produced one 35-minute episode for Spotify (Image: Getty)

The project, with the working title Pearl, followed the adventures of a 12-year-old girl and was described as celebrating “extraordinary women throughout history”.

Baruch Labunski says Meghan and Harry can now rely on their Spotify deal going forward as other ventures the couple have started “have not been successful”.

He says it could cause leaders to “rethink setting up more projects”.

He told Express.co.uk: “Harry and Meghan’s other ventures, so far, have not been successful.

“It can cause leaders to rethink setting up more projects.”

Mr Labunski refers to other business opportunities the couple pursued after leaving their royal duties.

DO NOT MISS
Prince Harry faces backlash over ‘cringe’ ad ‘uninterested public’ [INSIGHT]
Kate and William ‘commendable’ for raising their children [REPORT]
Prince Harry’s UK trip questioned as Netflix ‘wants grievances’ aired [REVEAL]

Meghan Markle book

The Bench was released last year and focuses on a father-son relationship (Image: Getty)

The founder of Rank Secure – a web design and internet marketing firm – added: “A positive experience with Spotify will also help or erode the couple’s overall brand.”

Last June, Meghan released ‘The Bench’, a children’s story focusing on ‘the changing and expanding relationship between father and son’.

The former Suits actress’ book is said to be inspired by a poem Meghan wrote for her husband shortly after the birth of their son, Archie.

The Bench has topped The New York Times’ Best-Selling Children’s Picture Book list since its release in the United States.

Although the book did well in the US, it failed to crack the Top 50 in UK sales.

Additionally, after announcing their Netflix deal in the fall of 2020, the Duke and Duchess of Sussex only revealed two ongoing projects – Pearl and a documentary called Heart of Invictus.

Meghan Markle and Prince Harry

Despite Pearl’s Removal, Netflix Says Archewell Productions Remains a Valuable Partner (Image: Getty)

Meghan was to be executive producer of the Pearl series, alongside David Furnish, husband of Sir Elton John.

However, the children’s program was dropped by Netflix amid a series of efforts to save money.

The move, which also resulted in the removal of at least two other children’s shows, was prompted by the streaming giant announcing that it had missed its subscriber growth estimates and recorded a decline in stocks.

After the show was dropped, Mr Labunski said their deal with the streaming service was now based on “how good” Heart of Invictus was with audiences.

Despite Pearl’s removal, Netflix said Archewell Productions remains a valued partner and they continue to work together on a number of projects.

A Netflix film crew followed Meghan and Harry on a visit to the Netherlands for the Invictus Games last month.

The documentary is set to air later this year, but no official date has been announced.

]]>
Kevin Weatherly returns to KROQ after two years at Spotify https://bastard-inc.com/kevin-weatherly-returns-to-kroq-after-two-years-at-spotify/ Thu, 12 May 2022 19:23:00 +0000 https://bastard-inc.com/kevin-weatherly-returns-to-kroq-after-two-years-at-spotify/ In what has become the radio industry’s soap opera, Kevin Weatherly, the former program director of Los Angeles’ KROQ, who helped build the station to become a leading arbiter of alternative rock music in nationally, returns to frequency as senior vice president. programming. He is leaving Spotify, where he served as head of North American […]]]>

In what has become the radio industry’s soap opera, Kevin Weatherly, the former program director of Los Angeles’ KROQ, who helped build the station to become a leading arbiter of alternative rock music in nationally, returns to frequency as senior vice president. programming.

He is leaving Spotify, where he served as head of North American programming, after just over two years, officially debuting at station Audacy on June 6.

In March, Variety reported that Mike Kaplan had resigned as program director at KROQ, the station he revamped after joining in 2020. KROQ had resisted major changes under Kaplan, which initially distanced the station from its rock roots and alternatives to a more new and pop alternative. acts.

But by targeting younger audiences, who don’t traditionally listen to the radio in large numbers, the station lost a significant portion of its core audience and lagged behind competitor KYSR-FM (“Alt 98.7”), a iHeartRadio station, in the ratings. (Note: Alt 98.7 is programmed by Lisa Worden, a Weatherly protege who spent 20 years at KROQ.)

In his new role, Weatherly will oversee KROQ’s content strategy, talent, operations and branding and also serve as vice president of format for Audacy’s portfolio of alternative stations across the country – a position previously occupied by Kaplan.

“We are thrilled to welcome Kevin back to KROQ to oversee the iconic brand he helped build,” said Jeff Federman, regional president and market manager for Audacy Southern California, announcing Weatherly’s return. . “KROQ is a mainstay in the SoCal community and few people understand the connection between this station and its fans like Kevin. We look forward to his return and the evolution of the brand even further.

“KROQ is one of the most recognizable and iconic brands in all of radio,” Weatherly added. “I have had the privilege of spending the majority of my career programming KROQ and I am full of energy and ready for the next chapter. We have a lot of work ahead of us to restore KROQ to its rightful place in hearts. and the spirit of long-time listeners and partners, and I can’t wait to get started.

Weatherly’s departure in early 2020 preceded the series of changes Federman made to KROQ that sparked a tuning slump at the station. This included the firing of morning show hosts Kevin Ryder, Allie Mac Kay and Jensen Karp, as well as the arrival of Weatherly’s replacement Kaplan. Kaplan revamped KROQ’s sound in an effort to appeal to younger audiences by programming

But longtime listeners left, mostly because of the void at the start of the morning show. But rock fans accustomed to KROQ’s harder sound also came out. When Kaplan left KROQ in March, the station had just returned to the more gold and rock-focused alternative sound that had been championed by Weatherly.

Weatherly has been rightly hailed over the years as one of the architects of KROQ’s dominance in the 1990s and 2000s. struggled to evolve its sound and, in the 2010s, was criticized for being stalled as its main playlist, led by overplayed tracks by bands such as the Red Hot Chili Peppers, started ringing. vitiated. Weatherly was also still at the station when some of its most iconic sportsmen, including Rodney Bingenheimer and Jed the Fish, left.

The challenge for KROQ is not unlike the problem facing the alternative music format on radio across the country, as aging listeners stick to what’s tried and true – meaning it there is no room for musical discovery or new audiences. In Chicago, Cumulus’ alternative WKQX recently reacquired the “Q101” brand in hopes of attracting listeners who remember the station in its 1990s heyday. sold the “Q101” name to investors; Cumulus relaunched an alternative format on the 101.1 frequency in 2014, but could not find the “Q101” name until last month.)

Recent attempts to revitalize the alternative include San Diego’s legacy XETRA-FM (“91X”), which transitioned to a legacy 1980s/1990s modern rock format. In Portland, former KROQ COO Gene Sandbloom evolved KINK-FM’s sound into a hybrid modern/mature rock alternative format to solid results.

Now it will be up to Weatherly to figure out how to right the KROQ ship, both finding the right musical mix, but also building a stable of talent that perhaps reflects the glory days of the station.

]]>
Spotify launches Australia’s first ‘Pod Club’, more than talk https://bastard-inc.com/spotify-launches-australias-first-pod-club-more-than-talk/ Wed, 11 May 2022 01:53:54 +0000 https://bastard-inc.com/spotify-launches-australias-first-pod-club-more-than-talk/ Spotify’s latest launch is Australia’s first “pod club”, the equivalent of a book club for podcast lovers, with host and podcast guru Melissa Leong speaking to prominent Australians in the More than Talk series. More than Talk will dive deep into podcast culture, helping listeners discover new podcasts and expand their listening horizons through insights […]]]>

Spotify’s latest launch is Australia’s first “pod club”, the equivalent of a book club for podcast lovers, with host and podcast guru Melissa Leong speaking to prominent Australians in the More than Talk series.

More than Talk will dive deep into podcast culture, helping listeners discover new podcasts and expand their listening horizons through insights from Leong and his guests.

The lineup will cover everything from true crime to comedy, and will include guests such as Grace Tame, Steph Tisdell and Craig Foster.

Ben Watts, Head of Spotify AUNZ Studios, said: “We are delighted to be working with some of Australia’s favorite personalities to show that podcasts really are more than just words. With 3.6 million podcasts on the Spotify platform covering everything from crime and comedy to global issues, relationships and fiction, they’ve become a big part of our culture as listeners lean in on audio.

“As podcasts continue to go from strength to strength, we hope this series helps showcase the diversity and quality of podcasts on Spotify, while inspiring Australians to find their next favorite podcast.”

The first episode with Australian icon Grace Tame is now available on YouTube, featuring Grace’s favorite comedy podcasts and why she chose to say SCONO. If you are interested, have a watch below:

Please connect with LinkedIn to comment

Spotify

]]>
Last week, Daniel Ek bought $50 million worth of Spotify stock. Today, Spotify’s share price hit an all-time low. https://bastard-inc.com/last-week-daniel-ek-bought-50-million-worth-of-spotify-stock-today-spotifys-share-price-hit-an-all-time-low/ Mon, 09 May 2022 20:40:18 +0000 https://bastard-inc.com/last-week-daniel-ek-bought-50-million-worth-of-spotify-stock-today-spotifys-share-price-hit-an-all-time-low/ Spotify’s stock price on the New York Stock Exchange closed down 9.78% today (May 9), hitting an all-time low of $94.44. This share price fell by 61.3% compared to the price that Spotify closed on the first trading day of 2022 ($244.16), and was almost a quarter of the size that Spotify reached at its […]]]>

Spotify’s stock price on the New York Stock Exchange closed down 9.78% today (May 9), hitting an all-time low of $94.44.

This share price fell by 61.3% compared to the price that Spotify closed on the first trading day of 2022 ($244.16), and was almost a quarter of the size that Spotify reached at its peak ($364.59) in February last year.

Indeed, in the 15 months since that peak – on February 19, 2021 – Spotify’s market cap valuation has fallen a bit more. $51 billion (see table below).

It seems unlikely that all of this is in the scenario that Daniel Ek had in mind on Friday May 6th.

That day, Ek announced to investors via Twitter that he bought personally $50 million in the Spotify stock (which closed that day at $104.68) because he believed that “our best days are ahead”.

Ek tweeted: “II’ve always said loud and clear that I believe in Spotify and what we’re building. So I’m putting that belief into action this week by investing $50 million in $SPOT. I believe our best days are ahead of us…”

He added: “While I am not required to disclose these purchases due to our status as a foreign company, I thought it was important for shareholders to know.”

Public markets, of course, are generally impacted by macroeconomic factors right now, including inflation and rising interest rates in the United States.

The NYSE Composite – an index reflecting the performance of all common stocks on the stock exchange – was down 3.27% today (9 May).



Ek’s personal acquisition of Spotify stock is reminiscent of Michael Rapino, CEO/Chairman of Live Nation, who bought $1 million worth of stock in his company in March 2020.

Rapino made the transaction just as it was becoming clear that the pandemic would shut down many elements of LN’s global operations in the months — and potentially years — to come.

From the time Rapino made that stock purchase to today, Live Nation’s stock value has more than doubled.

(At press time today, Live Nation’s stock price on the NYSE closed at $85.37.)

Spotify received a lukewarm response from analysts to its Q1 2022 earnings report last month, despite healthy gains in both global subscriber numbers and monthly active users (excluding Russia).

The number of global Spotify subscribers increased by 2 millions quarter-on-quarter in Q1 2022, rising to 182 million subscribers worldwide. That’s up from the 180 million subscribers the company had at the end of 2021.

This net growth was achieved despite the previously announced loss of SPOT 1.5 million subscribers in Russia in the first quarter, where Spotify no longer charges users following the invasion of Ukraine.

However, some analysts weren’t impressed with Spotify’s gross margin result.

Spotify posted a first-quarter gross profit margin in the mid-20s (25.5%) and announced that it expected that figure to remain stable in the second quarter.

Investors wanted to see that gross margin jump to 30%, thanks in large part to Spotify’s original podcasting content strategy.


In September 2019, Paul Vogel, Spotify’s Chief Financial Officer, told investors: “If you think about what has really changed in music and where our growth [came] of… people talk about the importance of being on Spotify and Discover Weekly playlists and that sort of thing. It was really about creating the discovery and appropriating the discovery.

“When you own the discovery, you own a lot of the ecosystem; you own demand generation. And, over time, you end up owning gross margin when you own discovery and demand generation.

The music industry around the world

]]>
A Batman podcast just overtook Joe Rogan to reach number 1 on Spotify https://bastard-inc.com/a-batman-podcast-just-overtook-joe-rogan-to-reach-number-1-on-spotify/ Sun, 08 May 2022 04:56:07 +0000 https://bastard-inc.com/a-batman-podcast-just-overtook-joe-rogan-to-reach-number-1-on-spotify/ Batman Unburied, a brand new podcast from David S. Goyer, has overtaken The Joe Rogan Experience as the #1 podcast on Spotify in the US and many other countries around the world. The first two episodes of Batman Unburied were released on May 3, and Spotify podcasts reveal that it now holds the No. 1 […]]]>

Batman Unburied, a brand new podcast from David S. Goyer, has overtaken The Joe Rogan Experience as the #1 podcast on Spotify in the US and many other countries around the world.

The first two episodes of Batman Unburied were released on May 3, and Spotify podcasts reveal that it now holds the No. 1 spot and has overtaken The Joe Rogan Experience, MrBallen Podcast: Strange, Dark & ​​Mysterious Stories, Crime Junkie, and Anything. Goes with Emma Chamberlain in the top five.

Goyer, who was a writer on Batman Begins, The Dark Knight and Batman v Superman, is leading the project which stars the MCU’s Winston Duke as Bruce Wayne.

Joining Duke on the narrative podcast are Hasan Minhaj as The Riddler, Jason Isaacs as Alfred, Gina Rodriguez as Barbara Gordon, Lance Reddick as Thomas Wayne, Toks Olagundoye as Martha Wayne, John Rhys-Davies as Dr. Hunter and Ashly Burch as Vicki Vale .

“A serial killer known as The Harvester terrorizes Gotham City, but Batman does not come to the rescue,” reads the official description for Batman Unbuied. “In fact, Bruce Wayne has no memory of being the Caped Crusader. Instead, Bruce is a medical examiner, performing the autopsy on the latest victim when attacked by the killer himself.

“As Bruce’s obsession with the Harvester consumes him, Gotham City Hospital Director Dr. Thomas Wayne orders his son to go on sick leave and seek treatment from an unusual psychologist, Dr. Hunter. With Batman missing, Detective Barbara Gordon is left with no choice but to enlist the help of Gotham’s second smartest detective: The Riddler.”

New episodes will be released every Tuesday exclusively on Spotify and each episode will be released in nine different languages.

For more Batman, check out The Batman sequel news, 10 things you didn’t know about the DC movie reboot, and our explainer of the movie’s ending.

Any advice to give us? Want to discuss a possible story? Please send an e-mail to newstips@ign.com.

Adam Bankhurst is a reporter for IGN. You can follow him on Twitter @AdamBankhurst and on Tic.

]]>
Spotify CEO buys $50 million worth of stock https://bastard-inc.com/spotify-ceo-buys-50-million-worth-of-stock/ Fri, 06 May 2022 20:44:36 +0000 https://bastard-inc.com/spotify-ceo-buys-50-million-worth-of-stock/ Spotify ( (PLACE) – Get the Spotify Technology SA report) CEO Daniel Ek said he bought $50 million worth of stock this week as the company’s shares fell in 2022. The music streaming and podcasting company’s stock has fallen 63.57% since Jan. 3, when it traded at $244.16. Ek reiterated his confidence in the company […]]]>

Spotify ( (PLACE) – Get the Spotify Technology SA report) CEO Daniel Ek said he bought $50 million worth of stock this week as the company’s shares fell in 2022.

The music streaming and podcasting company’s stock has fallen 63.57% since Jan. 3, when it traded at $244.16.

Ek reiterated his confidence in the company which has faced challenges as it expands its podcasting business.

“I have always expressed my strong belief in Spotify and what we are building,” he tweeted. “So I’m putting that belief into action this week by investing $50 million in $SPOT. I believe our best days are ahead of us…”

]]>
Spotify “enters the metaverse” and launches a virtual island where fans meet artists https://bastard-inc.com/spotify-enters-the-metaverse-and-launches-a-virtual-island-where-fans-meet-artists/ Wed, 04 May 2022 16:05:40 +0000 https://bastard-inc.com/spotify-enters-the-metaverse-and-launches-a-virtual-island-where-fans-meet-artists/ The virtual island exists within Roblox, a gaming community with 40 million users (Spotify) Spotify has taken a step into the “metaverse” and launched a virtual island in the hit game Roblox where people share 3D experiences. Roblox has 40 million daily active users, and many observers believe its shared 3D worlds offer a vision […]]]>

The virtual island exists within Roblox, a gaming community with 40 million users (Spotify)

Spotify has taken a step into the “metaverse” and launched a virtual island in the hit game Roblox where people share 3D experiences.

Roblox has 40 million daily active users, and many observers believe its shared 3D worlds offer a vision of the “metaverse” – online worlds where people will live and work together in the near future.

The term “Metaverse” became well known when Mark Zuckerberg renamed Facebook to Meta, promising that the company would focus on the Metaverse for years to come.

Roblox is hugely popular with kids and teens – and the new “island” marks the first time a music streaming company has moved into Roblox.

Read more: There may have once been life on the moon

Roblox’s new Spotify Island offers what the company describes as a “sound paradise where fans and artists everywhere can go out and explore a wonderland of exclusive sounds, quests, and merchandise.”

The company states, “Through Spotify Island, we are creating an easy opportunity for artists to connect with fans and partner with Spotify for the creation of virtual in-game merchandise. Spotify’s share of these sales will accrue directly to the artists themselves.

“We will be working with artists to create more opportunities like this in the months to come.”

From Spotify’s main island, players will be able to connect to other themed islands that will come to life throughout the year.

The first themed experience on Spotify Island is K-Park, a tribute to all things K-Pop.

Read more: Hubble spots something very strange flying through the solar system

K-Park will give fans the chance to interact with K-Pop artists Stray Kids and SUNMI.

Spotify is valued at over $20bn (£16bn) and was a pioneer in the world of music streaming.

When Daniel Ek launched Spotify in 2008, the world was in the depths of the credit crunch, and many were skeptical of the Swedish start-up’s success.

At the time, paid iTunes downloads reigned supreme over digital music, and music labels were battling an epidemic of piracy via BitTorrent sites and file-sharing services.

Around 95% of music downloads were illegal back then.

Daniel Ek said his goal with Spotify was to create something “easier to use” than BitTorrent and Limewire.

He said: “You can never legislate against piracy. Laws can certainly help, but that does not solve the problem. The only way to solve the problem was to create a service that was better than piracy and at the same time compensated the music industry.

Mark Zuckerberg later said, “Spotify’s Daniel Ek just saw the opportunities to release music before anyone else.”

Watch: Spotify Expands to Roblox, Launches Spotify Island

]]>