Spotify’s AI Playlist Feature Now Available to Premium Users in More Countries

Spotify’s AI Playlist feature, which uses generative AI to create personalized playlists based on text prompts, is now available to Spotify Premium subscribers in the US, Canada, Ireland, and New Zealand. Previously in beta for users in Australia and the UK, the feature allows users to either choose from suggested playlist ideas or type in their own prompts to generate a playlist of 30 songs.

Spotify’s Stock Soars: Is It Still a Buy?

Spotify’s stock has seen a significant rally, outperforming the industry by a large margin. The company’s strong growth, driven by price hikes, podcast gains, and a loyal user base, has contributed to its impressive performance. However, despite this surge, the stock remains undervalued and shows potential for further growth. With robust liquidity and increasing analyst confidence, Spotify presents an attractive investment opportunity for investors seeking exposure to the music streaming and podcasting markets.

Airtel Shuts Down Wynk Music, Partners with Apple Music for Indian Users

Bharti Airtel, India’s second-largest telecom provider, has announced the closure of its music streaming app, Wynk Music. Airtel users will now be transitioned to Apple Music, making the US-based service a major player in the Indian market. The move follows a strategic partnership between Airtel and Apple, which will also offer Airtel users access to Apple TV+. This decision signifies a shift towards premium content services in India’s growing entertainment industry.

Spotify HiFi Still in the Works, CEO Hints at $17-$18 Price Point

Spotify CEO Daniel Ek confirmed that a high-resolution audio tier, Spotify HiFi, is still in development, hinting at a potential $17-$18 price point. While acknowledging the demand for better audio quality from its 246 million Premium subscribers, Ek emphasized that it’s not for everyone and that it’s a strategy to offer a ‘deluxe version’ of Spotify with enhanced features and control.

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