Spotify is plotting lossless streaming, interactive podcasts, and world domination

Summary (IA Generated)

Spotify had a flagship event last night where it announced a ton of new stuff including launches in new countries, tools for creators, and new podcasts.

In the last few years, Spotify has introduced its service in new countries, including India and South Korea.

Now, the company is expanding its presence in more than 80 new countries that cover more than 1 billion people.

The company says it’ll deliver music in a “ CD-quality, lossless audio format.

Anchor will convert text to podcasts in WordPress .

Last year, I used Podcastle to convert articles to podcasts and listen to them while working.

Now, Spotify-owned Anchor is tying up with WordPress to transform your blog’s posts into podcasts.

In the past couple of years, Spotify has made big bets in the podcasts space with acquisitions such as the creation platform Anchor and studios like Gimlet Media.

Anchor will use its tech to convert text to convert WordPress posts in audio.

In addition to this, you’ll see more video podcasts in the app later this year.

With that, Spotify is set to offer a much more well-rounded listening experience to subscribers in the coming years and dominate the audio world.