Posts Tagged: division

Bill Simmons tapped to head Spotify’s global sports division

Spotify has promoted The Ringer’s Bill Simmons to a new role as head of global sports strategy, reported Deadline. Simmons has worked under the streaming service’s umbrella since it bought his sports and culture podcast network The Ringer back in 2020. In his new role, we’ll likely see Simmons expand upon the current lineup of NBA, MLB and NFL-focused podcasts and dive into international territory. We’ve already gotten a hint of that with shows like The Rugby Pod with Andy Goode, Big Jim Hamilton and host Andy Rowe.

Spotify’s non-US audience is getting larger — the service is currently available in 178 countries. Its number of subscribers actually grew by 2 million in the first quarter of 2022 (despite losing all of its Russian subscribers), which it pinned on "outperformance in Latin America and Europe". Last year, the streaming service expanded to 86 new countries, with the goal of eventually streaming to over 1 billion users. Earlier this year, Spotify announced it was going to become the main partner of FC Barcelona, as well as its official audio streaming partner. Given the fact that no global sports coverage would be complete without soccer, we’re likely to see even more from this space. There’s no doubt an appetite amongst Spotify’s global audience for shows focused on the Premier League, FIFA and the World Cup, as well as other international sports topics.

The promotion of Simmons is a part of a broader shake-up in Spotify’s exec structure. Parcast founder Max Cutler will become Spotify’s head of creator content and partnerships, overseeing originals and heading an entirely new division of “creator-focused” content. Julie McNamara will oversee studio partnerships and Hollywood-produced works.

In Spotify’s latest earnings call, it announced it reached a record 422 million global monthly active users. But despite its strong growth, the initial concerns that Spotify may have bitten off more than it can chew with its $ 1 billion investment in podcasts hasn’t faded. While podcast listening hours skyrocketed during the pandemic, there’s no guarantee that Spotify will be able to hold on to that momentum in the future. 

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LG rejigs its loss-making mobile phone division once more, outsources low and mid-range handsets

2020 has seen LG launch the Velvet, a mid-range flagship, and the wild and wacky dual-screened Wing, but its mobile division is still losing money, which means that the brand is once again changing its mobile strategy in order to better compete with Samsung and Chinese smartphone makers. According to a company statement, LG is […]

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DOOM Eternal rips onto Stadia this Friday, The Division 2 available now with cross-play and cross-save

If you’re looking for a way to spend your weekend indoors, have you checked out DOOM Eternal? We already knew it was coming this Friday on March 20th, but Google is officially ready to kick off its demon-slaying partnership. The game is launching the same day as it does on other platforms (Xbox One, PlayStation […]

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Google’s hardware division is recovering from slow Pixel 3 sales

Just over a year ago, Google parent company Alphabet was hit with a $ 5 billion fine from the European Union for antitrust violations. As you might have expected, that put a dent in the company's profits — but this year, there's no such issue to worr…
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Sony’s mobile division might be on the chopping block

It’s not much of a surprise that Sony’s mobile division has never done very well relative to the rest of the industry, and it’s been a rumor for quite some time that the company will drop out of the smartphone game entirely. The move would make sense, especially considering it has recently been losing more […]

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Google puts hardware division on hold, some projects cancelled

“Road-map cutbacks” have been cited as the instigator for Google slashing their future laptops/tablets and pushing their hardware employees to other projects ‘temporarily’. Google has made many attempts at building their own hardware; from long-forgotten netbooks to their line of ‘Nexus‘ phones and oddities like the ‘Nexus Q‘, to their current line of ‘Pixel‘ chromebooks, […]

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Apple hires former Samsung exec to lead its battery division

Apple has poached the head of Samsung's battery division to lead its own battery development efforts. Cupertino hired Samsung SDI's Soonho Ahn to become its Global Head of Battery Developments, Bloomberg has reported after spotting the major career m…
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LG’s mobile division posts a loss for the fifth quarter in a row

It’s that time again where LG posts their financial results, for Q2 in this case, which shows its mobile division to be making losses, for the fifth quarter in a row, despite the company changing its mobile strategy. In a nutshell, LG made sales worth $ 1.92 billion and an operating loss of 171.96 million between April and […]

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Nest might get folded back into Google’s hardware division

Nest has been riding the struggle bus for the past few years, turning pretty much no profit and putting Alphabet in a difficult decision about what to do with the hardware company. Well, it looks like Alphabet’s plan might be to just squish Nest back into Google’s hardware division, ending the smart home manufacturer’s autonomous […]

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LG’s mobile division loses $389.4 million, has declined for six straight quarters

Weak smartphone sales drove LG’s mobile division to a sixth straight quarter of declining profits. The company is pursuing a restructuring effort as it ramps up production of profitable midrange and low-end handsets.

The post LG’s mobile division loses $ 389.4 million, has declined for six straight quarters appeared first on Digital Trends.

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Hoping to revive slumping mobile division, LG launches the V20 in September

Three weeks ago, LG’s mobile division experienced a shakeup amid disappointing sales for the company’s 2016 flagship. The G5 just didn’t meet expectations for anyone, and LG was forced to shift leadership positions after taking a loss for Q2 2016. Now LG is preparing to get back into the green with its upcoming flagship for […]

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