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Spotify reports first annual profit
Spotify Reports First Full-Year Profit
Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.
Spotify Shares Surge on Subscriber Gains, First Annual Profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.
Spotify finally turned a profit for a full year
Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
Spotify, NMPA
NMPA podcasts takedown dents Spotify’s big profits moment
The results saw Spotify end 2024 with 675 million monthly active users and 263 million premium subscribers, up 12% and 11% respectively year-on-year. That means that Spotify added 73 million net new users and 27 million net new subscribers over the course of 2024.
Music Publishers Begin ‘Extensive' Spotify Podcast Takedowns Over Licensing Violations
Just hours after Spotify announced its first-ever annual net profit, the National Music Publishers' Association has launched an ongoing takedown initiative against the streaming giant for the unlicensed use of music in podcasts on its platform.
NMPA Issues 2,500 Podcast Takedown Actions Against Spotify, Claiming Infringement of Songs
The NMPA will issue takedown notices to Spotify for 2,500 podcast episodes that allegedly contain "unlicensed musical works" from member publishers.
Q4, Spotify
Spotify Technology S.A. Q4 Earnings Summary
Below are the earnings highlights for Spotify Technology S.A. (SPOT): Earnings: EUR367 million in Q4 vs. -EUR70 million in the same
Spotify: Q4 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. The music-streaming service operator posted revenue of $4.53 billion in the period, surpassing Street forecasts.
Spotify (SPOT) Q4 Earnings Miss Estimates
Spotify (SPOT) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
37m
Try two months of Spotify Premium Individual for $0
SAVE $23.98: As of Feb. 5, you can score two months of Spotify Premium Individual (ad-free music listening, high-quality ...
1d
Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
4d
9 useful apps that plug into Spotify
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
23h
on MSN
Spotify reports its first full year of profitability, adds 35M monthly active users
Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago.
5h
on MSN
Daniel Ek says Spotify’s new CFO, a former defense exec, is ditching his suits for t-shirts as streaming giant breaks fresh records
Spotify reported its 2024 full-year earnings on Tuesday, hitting record revenues of €15.7 billion ($16.3 billion) and realizing its first profit of €1.4 billion ($1.5 billion) as it grew monthly ...
1d
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
1d
Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter
In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers ...
Marketing Week
52m
Spotify cuts marketing spend pledging focus on ‘accelerated execution’
CEO Daniel Ek says Spotify will invest in experiences via its video function, as the streaming giant looks to “set the pace, ...
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