Taylor Swift’s latest album, ‘The Tortured Poets Department,’ has become the first album in history to surpass one billion streams on Spotify within a single week. This achievement surpasses the previous record set by Swift’s album ‘Midnights’ in 2022. The album has also made waves in physical sales, becoming the bestselling vinyl release in a single week in the modern era.
Spotify’s attempt to update its iOS app in the EU has been blocked by Apple due to non-compliance with the tech giant’s App Store rules. Apple has implemented new guidelines for developers to comply with EU legislation, including the Digital Markets Act, which allows streaming services to use external links for purchases. However, Spotify’s app update has been halted as it fails to adhere to these regulations. While it is unclear if the app will be affected in other territories, analysts remain optimistic about Spotify’s performance despite recent stock market fluctuations.
Taylor Swift’s latest album, ‘The Tortured Poets Department’ (TTPD), has taken the music world by storm, securing the top spot on Spotify within a week of its release and amassing over 1 billion streams. The album’s dominance is evident in its record-breaking achievements, including being the most streamed album within 24 hours of release and surpassing Swift’s previous records with 300 million streams in a single day.
As streaming services continue to gain popularity, investors are looking for the best streaming stocks to own. Netflix, Spotify, and Trade Desk are three of the most compelling streaming stocks to own in 2024 and beyond.
Taylor Swift’s latest album, ‘The Tortured Poets Department,’ has been a massive success, breaking numerous records. However, one person who hasn’t had a chance to listen to it is Matty Healy, the rumored subject of multiple songs on the album. When approached by paparazzi, Healy said he hadn’t listened to the album but was sure it was good. Some fans applauded his diplomatic response, while others were amused by his seemingly unbothered attitude towards the album’s potential references to him. The album’s songs, such as ‘The Tortured Poets Department,’ ‘The Smallest Man Who Ever Lived,’ and ‘I Can Fix Him (No Really I Can),’ have sparked speculation that they address the public’s reaction to Swift’s relationship with Healy and its eventual end. Despite Swift’s policy of not revealing the subjects of her songs, references to bands that Healy is a fan of and his unique style have led many to believe that ‘TTPD’ is heavily inspired by their relationship.
Spotify has faced rejection from Apple for an EU app update due to its refusal to agree to the terms of Apple’s Music Streaming Services Entitlement. By omitting a website link in its app, Spotify avoids the 27% commission that Apple charges for purchases referred by its platform. Despite this concession, Spotify maintains that Apple’s actions violate European law, calling on the European Commission to intervene.
Spotify’s latest iOS app update, version 8.9.33, has been rejected by Apple’s App Store review team due to non-compliance with the new Music Streaming Services Entitlement (EEA) for the European Economic Area. This entitlement requires streaming services to use external links, buttons, or other calls to action to direct users to a purchase mechanism on a website owned or controlled by the developer instead of using Apple’s In-App Purchase mechanism. Spotify must accept the terms of this entitlement and include the entitlement profile in its app for submission before it can be approved for release in the App Store. Apple has made a number of changes to its App Store rules, primarily to comply with EU legislation like the Digital Markets Act, and developers must follow specific guidelines to perform certain actions. The Music Streaming Services Entitlement is part of these efforts to provide more flexibility for streaming services in the European Economic Area.
Taylor Swift’s eagerly anticipated album, ‘Midnights,’ has broken another streaming record, becoming Spotify’s most-streamed album in a single week, with over 1 billion streams in just five days. The album’s release day saw it garner a record-breaking 300 million streams, making it the first album to achieve this milestone on Spotify. Swift also holds the record for the most-streamed artist in a single day, previously set with ‘Red (Taylor’s Version)’ on October 27th. ‘Midnights’ has the distinction of being one of the three most-streamed albums in a single day on Spotify, alongside ‘Folklore’ and ‘Evermore.’ The album’s lead single, ‘Anti-Hero,’ featuring Post Malone, has become the most-streamed song in a single day. In the lead-up to its release, ‘Midnights’ had already become the most pre-saved album in Spotify’s history.
Oscar-winning music composer AR Rahman belatedly congratulated Taylor Swift on the release of her new album, ‘The Tortured Poets Department,’ on Wednesday. Swift’s album broke records upon its April 19th release, becoming the most-streamed album in a single day on Spotify with over 313 million streams in under 12 hours. Rahman, a fan of Swift, tweeted his well wishes and shared a link to her Spotify page.
Spotify has submitted a new update to its App Store app in the European Union that includes pricing information for users, as required by the European Commission’s ruling against Apple’s App Store policies. The update also includes instructions on how to subscribe to Spotify outside the App Store, but does not include a direct link to Spotify’s website. Spotify has also announced that it will not opt into the new business terms offered to developers in the EU in response to the Digital Markets Act, which would allow Spotify to use alternative payment methods and pay lower commissions to Apple.
