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Spotify said it expects first quarter gross margins to hit 31.5%, a slowdown from Q4 but still ahead of Wall Street's 31.2% projection. ... Last year, the company ... The deal, announced last week ...
Late last quarter, Spotify hiked the price of its ad-free Premium subscription plan by $1 to $10.99 a month — a ... That spending took a significant bite out of gross margins and weighed heavily ...
(Last year, it debuted on Nov. 29). The feature not only provides listeners with a personalized look back at the music they streamed the most over the past year, it also offers a look at global ...
Spotify's revenue for Q1 2020 amounted to €1.85 billion ($2 billion). A large part of this sum, €1.7 billion ($1.84 billion), came from Spotify Premium subscribers. Gross profit in the same quarter amounted to €472 million ($511 million), with an operating loss of €17 million ($18 million). [203]
Spotify Wrapped has historically included the five artists a user has listened to most often and the songs they have listened to most often. In 2018, Spotify included information about the astrological signs of the artists a user listened to most [7] and the oldest song a user listened to. [18]
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.
Outlook: Spotify expects fiscal first-quarter 2025 revenue of $4.48 billion (4.2 billion euros) versus a consensus of $4.17 billion and total MAUs of 678 million.
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