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Tech Brew Ride Home

Tue. 06/20 – Spotify To Go “Supremium”

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 20 June 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Spotify is thinking of bucking the “max” and “ultra” naming convention and might introduce “supremium.” What if FTX, the exchange, makes a comeback? One of the hottest sectors in VC right now is defense. And the story of how Meta is playing catchup when it comes to AI. Sponsors: Grammarly.com/go go.tech/tm Links: Spotify Plans New Premium Tier, Expected to Include HiFi Audio (Bloomberg) FTX paid over $120 million in advisor fees between February 1 and April 30 (The Block) Masayoshi Son Ends Seven-Month Silence to Make Case for SoftBank’s Future (Bloomberg) Silicon Valley VCs rush into defence technology start-ups (FT) Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up. (WSJ) When AI Overrules the Nurses Caring for You (WSJ) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Tuesday, June 20th,

0:06.6

2023. I'm Brian McCullough today.

0:08.4

Spotify is thinking of bucking the Max and Ultra

0:11.6

naming conventions and might introduce

0:14.0

Supremium. What if FTX the exchange

0:17.4

were to make a comeback?

0:18.8

One of the hottest sectors in VC right now is defense,

0:22.0

and the story of how Meta is playing catch up when it comes to

0:24.6

AI.

0:25.6

Here's what you miss today in the world of tech.

0:28.6

Ashley Carmen is reporting that Spotify plans to launch a more expensive

0:36.6

premium tier with hi-fi audio, audio books and more launching outside the

0:42.0

US later in 2023.

0:44.6

Spotify's premium plan currently costs $9.99 a month, but I'm just glad that this isn't

0:49.2

yet another Max or Ultra, quoting Bloomberg.

0:53.2

Dubbed Supremium internally,

0:54.9

according to people familiar with the strategy,

0:56.9

the new tier will be Spotify's most expensive plan

0:59.3

and likely offer a high-fi feature

1:01.4

that the company first announced it was working on in 2021.

1:05.2

Spotify delayed that product's rollout after two of its competitors, Apple Music

1:09.0

and Amazon Music began offering the feature for free as part of their standard plans.

...

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