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Gross margins, however, came in stronger than expected at 26.7%, slightly beating company guidance of 26.6%. The streamer said it expects margins to tick down slightly to 26.4% in the first ...
Late last quarter, Spotify hiked the price of its ad-free Premium subscription plan by $1 to $10.99 a month — a long-awaited change as the company continues its profitability push.
Spotify's results come amid growing backlash over podcaster Joe Rogan, and artists leaving in an effort to oust him. Spotify plunges after Q4 earnings on weak guidance amid Rogan outcry [Video ...
Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
Spotify's fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any ...
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