Spotify launches visual content in multimedia push ahead of IPO
Spotify has filed confidentially with US regulators for an initial public offering (IPO) and is targeting a direct listing in the first half of 2018
Bengaluru: Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company said on Thursday, expanding beyond music ahead of taking itself public.
The feature, called ‘Spotlight’, will have content from BuzzFeed News, Cheddar and Crooked Media, among others, Spotify said in a blog post on Thursday.
Spotlight’s content will include news, pop culture, sports and politics, and will be available through a play list, said Spotify, which has 70 million subscribers.
Spotify has filed confidentially with US regulators for an initial public offering (IPO) and is targeting a direct listing in the first half of 2018, Reuters reported last week. Reuters
Editor's Picks »
- Saudi oil minister says Aramco IPO ‘most likely’ in 2019
- Sterlite protests: Supreme Court for urgent listing of matter on 28 May
- EU finance ministers strike deal on overhaul of banking capital rules
- Cadila Healthcare Q4 profit rises 53% at Rs590.8 crore
- GBSHSE Class 10 result 2018: Goa board declares marks, over 91% students pass
- Motherson Sumi continues to face margin pressure in foreign markets
- What the Warren Buffett indicator tells us about market valuations today
- Jet Airways lands with a thud in Q4 as fuel costs increase
- IBC amendments: Some dilutions, and a lot more speed
- Patanjali’s gambit is paying off in toothpaste wars