Spotify hits new all-time high on the New York Stock Exchange

Spotify stock has hit a new all-time high on the New York Stock Exchange this week. On Friday (January 8), the streaming giant’s stock reached $354.60, and closed at $353.48, up 7% from the closing price the day before and up 12.2% for the week. At Friday’s high, Spotify’s value rose to roughly $66.1 billion. …

Spotify to Offer Algorithm Visibility Boost in Exchange for Royalty Cut

A new blog post published by Spotify revealed that creators will now have the ability to boost their visibility in the platform’s radio and autoplay algorithms. The post, which was shared on the streaming giant’s website, detailed the “new experiment.” In this new experiment, artists and labels can identify music that’s a priority for them, and …