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In November 2023, Spotify expanded free access to 200,000 audiobooks for Spotify Premium subscribers. [223] In April 2024, Spotify expanded access to the audiobooks from the US, UK and Australia to include Canada, Ireland and New Zealand. The company also announced an expansion of its book catalogue to 250,000 books. [224] [205]
However, the first-quarter forecast was below Wall Street expectations for total users and revenue. Spotify's monthly user forecast for the quarter of 618 million undershot estimates of 618.8 million.
A key reason for Spotify’s swing into the black: It cut headcount by 20.4% over the course of the year. At the end 2024, the company’s workforce comprised 7,261 full-time employees globally ...
Free cash flow, another key metric for investors, came in at 207 million euros in the quarter compared to 57 million euros in the year-ago period. The average revenue per user, or ARPU, for ...
If there was any doubt that streaming music is here to stay, Spotify just removed it. The service has confirmed that it now has over 100 million users who listen at least once a month. That's not ...
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history.
Issue date Song Artist(s) Weekly streams January 2 "Sorry" Justin Bieber: 23.7 million [2]: January 9 24.4 million [3]: January 16 23.2 million [4]: January 23 20 million [5]: January 30
STOCKHOLM/LONDON (Reuters) - Spotify, the world's top selling music streaming service, expects revenue to grow 20-30 percent this year as currency swings slow the pace from 2017, it said on Monday ...