Hello and happy Friday and welcome to the Spotify Newsletter! The Spotify news cycle was running hot Monday following the company’s “Stream On” virtual event. So big that we dropped an early-week post for a quick wrap.
The big headlines are below and then you’ll see the usual rundown of other Spotify news that filled up an impressive week for the audio giant.
✔️ Spotify HiFi is a lossless streaming tier coming later this year
✔️ Spotify to launch in 80 new markets across Asia, Africa, Caribbean, Latin America
✔️ Spotify debuts new tools for creators to make interactive podcasts
✔️ DC Comics is launching a podcast universe on Spotify
✔️ Avengers: Endgame directors’ production company signs overall deal with Spotify
★In the SPOTlight★
⭐️ Over 60,000 tracks are now uploaded to Spotify every day. That’s nearly one per second.
The mind-boggling amount of music being uploaded to Spotify continues to get even more mind-boggling.
⭐️ Spotify CEO Daniel Ek talks Bollywood, creators and battling radio with live features
“I believe 100% that we’re going to see a rise of Bollywood and new types of Indian music making it into the global scene in the very near future.”
⭐️ Before You Pay for Spotify's "HiFi," Test Your Hearing
Since Spotify’s “HiFi” service won’t come out until later this year, you can’t test out its lossless streaming directly. However, it’s pretty easy to see whether you can tell the difference between audio files of different bitrates and compressions right now.