Spotify earnings: Paying users jump, ad softness hurts revenue
Reported first-quarter earnings before the bell on Tuesday that came in mixed as the music streamer's margins showed signs of improvement after a tough 2022…
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Reported first-quarter earnings before the bell on Tuesday that came in mixed as the music streamer's margins showed signs of improvement after a tough 2022…
Spotify reported its largest-ever member addition in Q1, with growth coming from nearly all age groups across both developed and developing markets
After acquiring Gimlet Media in 2019, Spotify is expanding the reach of its podcast network. Podcasts produced by Gimlet Media will now be distributed to other streaming platforms outside Spotify.
Spotify acquired Gimlet Media for $230 million in 2019, but it's struggled to achieve the same dominance with podcasts and audiobooks as with music.
After spending years and hundreds of millions of dollars in building up an in-house suite of paywalled podcasts on its streaming service, Spotify is