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Spotify stock cnn forecast
Spotify stock cnn forecast












spotify stock cnn forecast

Their preferred genre? Mostly rap and trap music. The music streamed on gaming consoles between the hours of 6 am and 9mam rose 47% from last year. It’s hardly a surprise that streaming is up across the board, but Spotify told CNN Business there were some unexpected trends this year.

spotify stock cnn forecast

“Gaming seemed to be something that provided that feeling of connectivity, while also passing time at home.” “This year was unlike before and as people started to social distance, users were looking for ways to stay connected with each other virtually,” said Shanon Cook, Spotify’s head of global culture and trends. People streamed music from their gaming consoles 55% more this year compared to last year, Spotify told CNN Business.

spotify stock cnn forecast

One of the undisputed winners of 2020’s work-from-home transition has been Spotify, and it’s not just because of all the new Taylor Swift albums and addictive true-crime podcasts.Īs the streaming platform looks back on the biggest trends of 2020, one thing is certain: people are playing lots and lots of video games.














Spotify stock cnn forecast