Business
Spotify shutting feature that lets podcasters use full licenced music tracks
San Francisco, Feb 10
Music streaming giant Spotify has announced its decision to shut down some of its platform’s features in June, including web and mobile recording as well as 'Music + Talk' -- an experimental feature that allowed podcasters to include full licenced music tracks in their podcast episodes.
This comes along with the announcement of Spotify expanding its partnership with Riverside and integrating the popular podcast creation service’s tools into the platform for Podcasters.
"As part of that shift, we are discontinuing our web and mobile native creation tools, including recording and editing tools as well as our ‘Music + Talk’ format, beginning this June," Spotify said in a blogpost.
Introduced in 2020, the feature allows creators to insert licenced, full-length tracks into episodes that run on Spotify.
However, according to Spotify spokesperson Jordan Smith, ‘Music + Talk’ did not have a significant influence outside of the music podcasting niche, reports The Verge.
“’Music + Talk’ was a format we had high hopes for, but after three years of investment, it has not gained meaningful traction with listeners, and remains non-monetizable for creators,” Smith was quoted as saying.
“We believe we’ll make the most impact for creators by continuing to focus on tangible ways they can find and grow an audience and build a sustainable living. While we are always exploring unique formats and solutions for podcasters, we have nothing to share at this time,” he added.
Meanwhile, Spotify has said it now has 236 million premium subscribers, a four per cent increase over the last quarter.
Monthly active users grew 23 per cent (on-year) to 602 million and one million ahead of guidance, the company said while disclosing its Q4 2023 numbers.
#
1 hour ago
'Today will be yet again our most intense day of strikes inside Iran': US War Secy as West Asia conflict enters its 11th day
5 hours ago
Munmun Dutta calls out ‘disgusting' acts of Indians at tourist spots: Such acts attract racism abroad
5 hours ago
Lisa Ray says midlife is not a crisis but ‘the most important act of a woman’s life’
5 hours ago
R J Balaji trashes rumours that Suriya's 'Karuppu' is to release on April 10; promises update on release shortly
5 hours ago
When Govinda said ‘men are weak without women’ citing Lord Shiva’s example
5 hours ago
Chiranjeevi pens adorable birthday post for daughter Sushmita
5 hours ago
Akshay Kumar reflects on how life changes for men after marriage
5 hours ago
Shah Rukh Khan to play a cop in Rajinikanth's 'Jailer 2'?
5 hours ago
West Asia conflict: Pakistan announces limited use of govt vehicles, school closures amid energy crisis
6 hours ago
Electoral fraud everywhere in SIR, claims Kharge in RS; House Chairman responds
6 hours ago
Centre orders uninterrupted supply of piped natural gas, LPG for cooking
6 hours ago
Rahul Gandhi attends wedding of farmer's daughter in Haryana; relishes 'churma', enjoys folk songs
6 hours ago
Are we going to depend on Trump’s plan? Oppn flags LPG shortage, seeks debate in Parliament
