Spotify is one of the largest music streaming platforms in the world. In fact, it was before I made a bet on the world of podcasts. However, she does not want to stand idly by and increase her market share by 32%. To really guarantee this, he decided to venture into the world of audio books. For this, Findaway acquired it at a price that was not disclosed. It is, without a doubt, a secret that Spotify has been hiding to keep growing even further.
Spotify: The New Secret To Getting Even Bigger Has Been Revealed!
It’s true that Findaway is not a streaming app. However, it is active in several audiobook-related companies. It has spread them across multiple platforms and allows creators to create their own books through the Findaway Voices service. In other words, this was a perfect acquisition for Spotify and a well-kept secret. This is because it attracts writers, publishers, and consumers. The audiobook industry is expected to reach $ 15 billion by 2027, and as such, Spotify wants to rely on those profits to grow.
The leading streaming providers in the audio book sector currently include Amazon, Scribd and Google. With this acquisition, Spotify becomes another strong competitor. Now, and taking into account the formalities involved in this type of acquisition, audiobooks are expected to arrive on the platform in 2022.
However, this isn’t the only new addition to Spotify.
Sometimes and with so much variety it is not easy to find new songs to listen to. This despite all the playlists and suggestions that this platform offers us. This is exactly why Spotify charts were born. In practice, they allow you to know the ranking of the most popular songs from different cities around the world. Also the most popular songs by music genre, as well as lots of useful data and tools for artists and listeners.
Discover the most heard music in Lisbon
The new “Spotify Charts” are available from today to all users, artists and creators on Spotify for Artists and via the website www.spotifycharts.com.
So let’s take a look at everything this new product has to offer.
First we have the local playlists and “pulse”. Spotify’s city-targeted playlists are based on music popular with listeners in over 200 cities, including Lisbon. In addition, “pulse” playlists analyze the popularity of each song among listeners in each city versus its worldwide popularity to show the unique and diverse tastes of listeners in each city.
We also have playlists by music genre. They help music fans keep an eye out for their favorite artists. Spotify’s playlists contain the best 200 songs from 17 genres every week and organize them according to the context of the users ‘playlists and the editors’ analysis.
Artist playlists are also available. They are updated every Friday with 200 artists worldwide, so fans can follow the rise of their favorite artists.
The other novelty concerns the data on playlists with hits and credits from songwriters. Along with the new hit playlists, there is new data. Artists and fans can now see the entry dates of the playlist, the maximum position and the song behavior in an enlarged view. In this way, Spotify has incorporated the composers ‘and producers’ credits into all of the songs.