A Spotify exec had earlier said the company was looking to use AI to generate host-read ads for podcasters. Spotify announced on Thursday that it's venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create custom marketing campaigns. It will also begin testing generative AI ads, the company said. The launch of Creative Lab shows that Spotify is ramping up its efforts to attract advertisers to the platform. This could likely be an attractive offeri ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Spotify (SPOT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Spotify currently has an average brokerage ...

According to the report, Spotify is set to position the new offering as an add-on for existing customers. It lets most users remain on their current Spotify plans, but customers who opt to upgrade will generate additional revenue for the company and its partners. Starting immediately for new subscribers and next month for existing subscribers, the new prices for the plans are $11.99 for Individual (up from $10.99), $16.99 for Duo (up from $14.99), $19.99 for Family (up from $16.99). "[…] We think consumers ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Cons ...

Spotify (SPOT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this music-streaming service operator have returned +9.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Technology Services industry, to which Spotify belongs, has gained 1.9% over this period. Now the key question is: Where could the stock be headed in the near term? Whi ...

Prices are going up, and that's great for shareholders. Spotify (SPOT 5.67%) announced another price increase in Monday, and shares jumped as a result. In this video, Travis Hoium discusses the company's improving operating leverage and a massive jump in free cash flow over the past year. *Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024. ...

Spotify is hiking prices for its Premium plans in the U.S. for the second time in less than a year in the audio streaming giant's latest move to expand its margins. The Sweden-based firm announced Monday it will raise the monthly subscription price for its popular Premium individual plans to $11.99, up from $10.99. Spotify's duo plans will increase to $16.99 from $14.99, and family plans will jump $3 to $19.99. The company kept its student plan price in place at $5.99. Spotify said subscribers will receive ...

Key Takeaways Streaming music provider Spotify on Monday announced a price increase for its Premium customers in the U.S., and shares rose. The cost for an individual subscriber will go up by $1 to $11.99 per month, and more for Duo and Family subscribers. The new rates take effect in July, one year after the company last raised subscription prices. Shares of Spotify Technology (SPOT) rose in intraday trading Monday after the streaming music provider announced an increase in subscription prices in the U.S. ...

Spotify is raising the prices of its premium plans in the United States, saying it aims to invest in its product features. Beginning immediately for new subscribers and on the July billing date of existing subscribers, the new prices for the plans are $11.99 for Individual, $16.99 for Duo, $19.99 for Family and $5.99 for Student, the streaming service said in a Monday (June 3) blog post. The first three prices are up from $10.99, $14.99 and $16.99 respectively. The price of the Student plan is unchanged, CN ...

Spotify has announced its second price hike in a year, with a new monthly subscription to the music streaming service now costing $12 in the U. Existing subscribers will see an increase in July. In addition, Spotify detailed a $2 bump for Duo and an additional $3 for Family subscriptions, and this follows a price rise for Australia and the UK earlier this year. Spotify last increased the US price from $10 to $11 in July, while the company has also since thrown in 15 hours of audiobooks a month. The "free" a ...