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King Gizzard isn’t the only band to recently pull its catalog from Spotify. The indie bands Deerhoof and Xiu Xiu (pronounced “She She”) have done likewise.

Spotify (SPOT) stock closed nearly 12% lower on Tuesday after the audio giant posted a second quarter loss, missed revenue expectations, and issued softer guidance for revenue and operating income ...

Spotify CEO Daniel Ek defended the company's measured approach to price increases, saying the strategy reflects a long-term focus on customer retention rather than short-term financial gain.

Spotify reported solid Q2 2023 gains in subscribers and total users but came up short of its revenue target and posted a net loss for the period.

Despite gains in cash flow and subscriber numbers, currency fluctuations and a loss in earnings per share weighed on the stock after the Q2 earning report.

King Gizzard & the Lizard Wizard has pulled their music from Spotify. That includes all 27 studio albums by the prolific Australian rock band, plus live albums and compilations.