Spotify jumps back to profit in Q1 2024; paid subscribers rise 14% to 239 million
Spotifys user growth slowed down during the quarter due to lower marketing activity. The company is also taking a range of measures to cut costs in a push for monetisation.
United Kingdom United States Spotify Audience Network Audiobooks Access Tier Song Psychic Spotify Q1 Profit
Source: moneycontrol.com