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Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant...
Business Insider via Yahoo News· 2 days agoThe company had incurred a loss of around $241 million in the same period last year. Founded in...
Spotify Technology (NYSE:SPOT) Reaches New 1-Year High on Better-Than-Expected Earnings
ETF DAILY NEWS· 1 day agoShares of Spotify Technology S.A. (NYSE:SPOT – Get Free Report) hit a new 52-week high on Tuesday...
Why Spotify Can Grow More As Q1 Gross Profit Tops $1 Billion
Forbes· 1 day agoSpotify beat first-quarter earnings and revenue estimates this week, returning the 18-year-old...
Apple rejects Spotify's update with pricing information for EU users
TechCrunch· 2 days agoUpdate April 25, 2024 8.30AM ET: Spotify told TechCrunch that Apple has rejected the music streaming...
Spotify profits up, but lower marketing hits user growth
Reuters via Yahoo News· 3 days agoSTOCKHOLM (Reuters) -Spotify's quarterly gross profit topped 1 billion euros ($1.1 billion) for the...
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
PYMNTS.com· 3 days agoSpotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year...
Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision'
Fox Business via Yahoo Finance· 2 days agoSpotify Chief Executive Daniel Ek described the job cuts on Spotify’s earnings call as a...
Spotify Needs to Keep the Price Hits Coming
The Wall Street Journal· 3 days agoWlodarczak projects Spotify will hit monthly active users of 900 million by 2028—46% more than today. That would be an audience both Spotify and the <...
Daniel Ek cashes out $118.8 million in Spotify shares
Music Business Worldwide· 1 day agoIt’s been some week for Daniel Ek. Yesterday (April 23), Spotify‘s share price jumped up by over 11%...
Spotify turns up volume to make record profits
BBC via AOL· 2 days ago[Reuters] Music streaming giant Spotify has announced record profits of over €1bn (£860m) after a year of cutting costs and laying off staff. The Swedish...
