March 5, 2021

Day: February 23, 2021

Spotify sees itself as much more than a music-streaming platform. Investors have long since gotten there.

The company laid out an ambitious vision Monday during a two-hour webcast, touting new and coming offerings for listeners, musicians, podcasters and advertisers. These include a new high-fidelity music-streaming service for subscribers, more tools for musicians and podcasters to expand their revenue streams and significant international expansion that will take the service into 85 new markets this year. For podcasting—which has been of particular interest to investors—Spotify has added a new eight-episode series with former President Barack Obama and Bruce Springsteen.

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