Smart Spotify Speaker
Spotify plans to launch a smart speaker.
18:57 21 February 2018
Spotify’s job listings indicate that the company is on its way to creating its very first physical product. According to a recent job advert spotted by music website Musically, the Swedish company is looking for a manager to set up an operational division for manufacturing, supply chain, sales and marketing in Stockholm.
The move would place Spotify in direct competition with giant players in the smart speaker industry, including Apple, Google and Amazon.
Spotify, which now has more than 70 million paying subscribers, was founded in 2006. Despite a rocky start (it was accused of strangling the music industry), it has managed to heal the rift and has inked several deals with large record labels last year. It filed to go public on the New York Stock Exchange in December but has delayed the sale after it was sued for $1.6billion for allegedly using thousands of songs, including those of Neil Young, Tom Petty and the Doors without license.