Spotify turns a full-year profit for the first time
(CNN)– Spotify reported its first full year of profitability since its founding nearly 20 years ago. The Swedish audio streamer reported a profit of nearly $1.2 billion for 2024. It also reported monthly active users jumped 12% for the 4th quarter, which is the highest 4th quarter increase in its history.
Spotify, National Music Publishers Association
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
1. Open the Spotify app and tap on your profile picture in the upper left corner. 2. Tap the gear icon to open the Settings ...
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