Hello and welcome to issue #53 of the Spotify Newsletter! The news just keeps rolling in from the audio giant. The new ‘Car Thing’ is out and, of course, much chatter has to do with the name - it definitely gets to the point.
In celebration of its 15th birthday Variety put together an excellent feature story about the streaming giant - where it came from, where they are headed and everything in between.
It leads off the spotlight news and well worth a read.
★In the SPOTlight★
⭐️ 15 Years of Spotify: How the Streaming Giant Has Changed and Reinvented the Music Industry
How completely has streaming transformed the music world? The platform rose from 7% of the U.S. market in 2010 to a whopping 83% by the end of 2020 — and recorded-music revenues saw their fifth consecutive year of growth, topping $12.2 billion, per the RIAA. It’s no understatement to say that streaming saved the record- ed-music business, and that global market leader Spotify led the charge toward the stability and growth that the industry is enjoy- ing today.
In honor of the game-changing digital service provider’s 15th anniversary, Variety breaks down 15 innovations, transformations, modifications and other ways Spotify has changed how people consume music and brought new functionalities to its platform.
⭐️ Spotify adds more livestream platforms to its virtual event listings
The app will show scheduled events from StageIt, Mandolin, NoCap and nugs.net
⭐️ Watch Out, Twitter; Here Comes Spotify
Why the leader in audio streaming just acquired this small sports-talk app.
⭐️ Spotify 'Car Thing' Will Bring Streaming Infotainment to More Vehicles
The popular audio streaming service intends for the Car Thing to simplify streaming music and podcasts in cars that lack robust infotainment systems.
⭐️ Why Spotify's Growth Has Just Begun
Podcasts will be a huge growth market for Spotify.