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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online
NFLX 719.70+1.8%Oct 4 9:30 AM EDT

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From: Ron9/13/2024 5:38:07 PM
   of 6804
 
Spotify is moving into video distribution.
Spotify is making offers, some reaching seven figures, to video-oriented creators to distribute their shows on Spotify in addition to Alphabet's ( GOOGL) YouTube, Bloomberg reported Thursday.

Spotify's interest in video content is reminiscent of its diversification push into podcasting starting in 2019, Bloomberg said.

On the stock market today, Spotify stock rose a fraction to close at 337.90. For the week, Spotify advanced 4.7%.

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