Six months later, several of those ideas have come to fruition: In February, the company announced an expansion to 80 additional markets, a promised HiFi tier and new podcast tools and monetization offerings for creators at its Stream On event while in March it acquired Locker Room in a bid to get into the live audio space spearheaded by Clubhouse. Late last year, Spotify CEO Daniel Ek released prepared remarks alongside the company’s third quarter earnings report, in which he looked ahead to Spotify’s continuing quest to build “the world’s largest audio network,” noting plans for market expansion, additional content in the form of podcasts and an enhanced user experience.
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