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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Arts & EntertainmentMusic

Spotify Taps Condé Nast Exec Dawn Ostroff as Chief Content Officer

Aric Jenkins
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Aric Jenkins
Aric Jenkins
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Aric Jenkins
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Aric Jenkins
Aric Jenkins
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June 26, 2018, 12:19 PM ET
Digital Content NewFronts 2016: Conde Nast Entertainment
Former President of Conde Nast Entertainment, Dawn Ostroff speaks during the Conde Nast Entertainment Digital Content NewFronts on May 3, 2016 at Cipriani in New York City. Neilson Barnard Getty Images for Conde Nast
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Spotify has brought on Dawn Ostroff, a prominent executive in media and entertainment, as chief content officer, the company announced Tuesday.

Ostroff, who previously led Condé Nast Entertainment and helped launch The CW, will spearhead Spotify’s content partnerships for music, audio and video. She will be based in the company’s New York office.

“I’m excited to welcome Dawn Ostroff to the band!” Spotify founder and CEO Daniel Ek tweeted.

I'm excited to welcome Dawn Ostroff to the band! https://t.co/mDGb8lQ0gs

— Daniel Ek (@eldsjal) June 26, 2018

Ostroff succeeds former Spotify CCO Stefan Blom, who departed in January ahead of the company’s initial public offering in April. Ostroff’s hiring adds to the company’s rank of female executives, including chief HR officer Katarina Berg, global head of content marketing Marian Dicus, and head of global music cultures Rocío Guerrero Colomo.

Ostroff has an impressive track record at previous positions. At Condé Nast, she and CEO Bob Sauerberg launched the company’s entertainment division in 2011. It has since produced series for Netflix and Amazon as well as approximately 5,000 original digital videos each year for a monthly average of more than 1 billion views. Prior to Condé Nast, Ostroff served as president of entertainment for The CW, where she developed hit series like Gossip Girl and The Vampire Diaries.

Following Spotify’s announcement, Condé Nast announced its entertainment branch will be led on an interim basis by Sahar Elhabashi, who serves as chief operating officer of the company’s video entertainment division.

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