Apple Is Ready to Invest in Its Own Original Podcasts

Apple plans to fund original podcasts that would be exclusive to its audio service, according to people familiar with the matter, increasing its investment in the industry to keep competitors Spotify and Stitcher at bay. Executives at the company have reached out to media companies and their representatives to discuss buying exclusive rights to podcasts, […]

About Fletcher: How Spotify ‘Playlisting’ Turned an Unknown Into a Star

Cari Fletcher still remembers the moment in 2015 when she got discovered, as show business aficionados like to say. The 25-year-old, New Jersey-born pop singer was working at a music publisher, helping to scope out independent artists, when Spotify featured one of her tracks. The music streaming service had splashed an image of her face […]

Answering Some of the Biggest Questions Facing the Tech Industry—Data Sheet

Good morning from Aspen, Colo., literally (at 8,000 feet) and figuratively one of the most breathtaking places in the world. My Fortune colleagues and I convene the annual Brainstorm Tech conference this afternoon (starting at 2 p.m. Mountain Time). We’ll be joined by some of the brightest lights in tech, all here to see around […]

The Obamas Signed With Spotify to Distribute New Podcasts From Higher Ground

The production company backed by former President Barack Obama and first lady Michelle Obama will make podcasts for Spotify Technology, expanding into audio after signing a deal with Netflix for a slate of TV shows and movies. The music-streaming company will distribute the podcasts–covering “wide-ranging topics”–to audiences worldwide as part of a multiyear agreement, Spotify […]

The Drake Effect: Brilliant Brand Ambassador or Annoying NBA Superfan?

He taunts, trolls and trash talks his rivals–both on the mic and on the basketball court. While Drake, officially known as the Raptors Global Ambassador since 2013, will likely appear in the Bay Area to root for his team they take on the Golden State Warriors in Game 3 of the NBA Finals tonight, he […]

Spotify Just Snapped Up Another Podcast Company

Streaming giant Spotify spot has acquired podcasting company Parcast. The deal, announced Tuesday morning, is another step in Spotify’s shift from music to audio. Parcast is the studio behind popular shows including Cults, Serial Killers and Mythology, and has more than 20 new podcasts slated to launch later this year. Despite having more than 200 […]

Spotify Wants You to Listen to Less Music

Spotify’s $340 million play for podcasts is not just an attempt to dominate every facet of your audio experience–though Spotify would certainly like that, too. Following its recent acquisitions of Gimlet, a podcast production house, and Anchor, a broadcasting app for podcast creators, CEO Daniel Ek wrote in the company blog that the moves were […]

Apple Fires Back at Spotify in Escalating App Store Feud

Apple Inc. fired back at Spotify Technology SA’s antitrust complaint, saying the music streaming giant wants all the benefits of its app store without contributing to the marketplace. The iPhone maker said the App Store contributed to Spotify becoming the business it is today, a public company that generates over a billion dollars of revenue […]

Spotify Says Apple Has an ‘Unfair Advantage’ in New EU Complaint

The battle between Apple and Spotify has intensified. In a blog post on Wednesday, Spotify CEO Daniel Ek said that his streaming audio company has filed a complaint against Apple with the European Union’s competition watchdog, alleging the iPhone maker of using its App Store to “purposely limit choice and stifle innovation at the expense […]