On Wednesday,eroticism ann voskamp make love Spotify revealed its latest earning report and, rest assured, the company still reigns over music streaming services with two times the subscribers of Apple Music. But it's also quickly catching up on podcasts.
The past quarter was Spotify's fastest-growing one in terms of subscriptions. With a 29-percent increase in subscribers compared to the same period last year, Spotify now boasts 124 million premium subscribers compared to the 60 million Apple last reported.
Though Spotify expects a financial loss in the first quarter of 2020, it's also projecting continued growth in monthly active users and premium subscribers.
More importantly, Spotify is growing where it matters. As the number of podcast listeners in the U.S. continues to grow, so does podcast consumption on Spotify. Compared to the same period last year, Spotify saw a 200-percent increase in podcast-streaming hours in the last quarter.
Part of that might have to do with the fact that Spotify is making strides in the podcast game.
In 2019, Spotify partnered with the Obamas' production company and acquired podcasts companies Gimlet, Anchor, and Parcast. In 2020, it adds to that list.
Just Tuesday, Spotify announced that it's purchasing The Ringer, sportswriter Bill Simmons' podcast-focused online media company, which Spotify Chief Content Officer Dawn Ostroff said the company is supporting with its "full power."
Though podcast solutions company Voxnest reports that Apple remains the most popular app for podcasts, Spotify is differentiating itself in a major area: original podcasts.
SEE ALSO: Spotify suspends political ads — for nowSpotify already debuted its first original podcast in 2018 and has since unveiled even more. But Recode reported that Apple executives said they are "unlikely to compete in today's version of the podcast industry" since its ad-supported model contradicts Apple's pro-privacy stance.
Still, rumors from July 2019 claimed Apple would fund exclusive podcasts produced by other media companies. But it only recently began discussing the idea of making original podcasts related to its programs on Apple TV+.
As of 2019, 51 percent of Americans over the age of 12 claimed to have listened to podcasts. And by betting on more podcasts, Spotify seems confident that market will help them grow their streaming dominance over Apple.
Best Presidents' Day deal: Save $44 on Fitbit Charge 6
Staff Picks: Mothers, Grandmothers, and Gardens by The Paris Review
Cézanne on Paper by The Paris Review
New York’s Hyphenated History by Pardis Mahdavi
China just built the world's biggest floating solar project
Redux: Mother for Whom the Whole Sky by The Paris Review
Watch the Summer 2021 Issue Launch by The Paris Review
Every Poem Has Ancestors by Joy Harjo
Apple, Tesla, Spotify: The tech announcements that never happened in 2024
The Dogs of Plaza Almagro by Hebe Uhart
Roborock Saros Z70 at CES 2025: A huge flex
On the Faces of Strangers: Michaël Borremans’s Pandemic Portrait by John Vincler
The Mournfulness of Cities by David Searcy
The Things We Hide: An Interview with Megan Abbott by Rebecca Godfrey
Dallas Mavericks vs. Boston Celtics 2025 livestream: Watch NBA online
What Our Contributors Are Reading This Spring by The Paris Review
Watch the Summer 2021 Issue Launch by The Paris Review
Pink Moon by Nina MacLaughlin
Panthers vs. Falcons 2025 livestream: How to watch NFL online
Watch a Conversation between Eloghosa Osunde and Akwaeke Emezi by The Paris Review
Why new parents shouldn't feel so guilty about sleep training'SpiderThis is the best beach in AmericaSpelling Bee champs are the stars of Amazon's latest ad campaignHere's your first pic of the main 'IT' cast back together for 'Chapter 2'Congratulations to this duck that graduated from elementary schoolKylie Jenner unveils new black lipstick shade, makes our gothic dreams come trueAlison Brie on the tooThe best memes about LeBron James leaving Cleveland for Los Angeles'The Crew 2' wants to be good but feels so emptyAlison Brie on the tooWhy California's County Fire has rapidly spread through wine countryNew iPhone leak claims USBSan Francisco skies turn orange as wildfires return to Northern CaliforniaFifth Harmony is giving fans the gift of emoji with their new albumAlison Brie on the too'The Crew 2' wants to be good but feels so emptyInstagram will tell you when you're 'caught up' so you know when to stop scrollingTeacher's Facebook experiment on how to go viral... goes viralWhy new parents shouldn't feel so guilty about sleep training Glastonbury cancelled due to coronavirus pandemic Photos show New York City streets emptied out because of coronavirus Drake vs. Miami: How to livestream March Madness Trevor Noah tried singing from a balcony in New York. It didn't go well. How to livestream Kansas vs. Arkansas for free Prince Charles tests positive for coronavirus Masturbation meditation works. Here’s the proof. Stephen King is using 'The Stand' to warn people about the coronavirus spread 'Quordle' today: See each 'Quordle' answer and hints for March 17 Sex toy sales are skyrocketing because of social distancing Trump retweets Dr. Fauci facepalming in an amazing self How to watch M. Night Shyamalan's 'Knock at the Cabin' March Madness: How to watch the Sweet 16 NCAA Men's Basketball livestreams McDonald's and Pret are giving healthcare workers free coffee amid coronavirus pandemic The most important thing to know about social distancing This white noise app helps me sleep amid my coronavirus anxiety Baylor vs. UC Santa Barbara livestream: How to watch the March Madness matchup live HustleGPT is a hilarious and scary AI experiment in capitalism How to practice safe sex during coronavirus pandemic 'The Last of Us' had a secret cameo by Jason Ritter, Melanie Lynskey reveals
1.6111s , 8264.109375 kb
Copyright © 2025 Powered by 【eroticism ann voskamp make love】,Information Information Network