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Spotify Hits 252M Premium Subscribers
Spotify Tops Q3 Forecasts, Reaches 252 Million Premium Subscribers as Revenue Climbs 19%
Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3 2024.
Spotify Hits 252M Premium Subscribers, On Track For First Full Year of Profitability
"We’re where we set out to be — if not a little further — and on a steady path toward achieving our long-term goals," said CEO Daniel Ek.
Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024
Spotify is on course to achieve its first-ever full year as a profitable company – to the tune of USD $1.5 billion. The company yesterday (November 12) published its financial results and user numbers for the third quarter of 2024 (ended September 30).
Spotify Posts Third Consecutive Quarterly Profit
Spotify posted a third consecutive quarterly profit and is on track to be in the black for the full year for the first time. After years of rapid subscriber growth and efforts to expand beyond music streaming into broader audio offerings such as podcasts and audiobooks,
Spotify's Q3 Profit Quadruples as Streamer Tops 250 Million Subscribers
Spotify surpassed the 250 million subscriber milestone and saw its net income more than quadruple during the third quarter, the music streaming heavyweight reported on Tuesday. Wall Street seemed to like what it was hearing,
8h
Spotify teases a ‘super premium’ tier for superfans and upcoming video expansion in Q3 earnings call
Spotify CEO Daniel Ek has once again teased the company's long-delayed HiFi or "super premium" tier, a higher-qualify ...
Los Angeles Times
4h
Spotify woos video and podcast creators with new tools to better compete with YouTube
For example,
Spotify Premium
subscribers will soon be able to view videos on the service without ads. This comes after some ...
completemusicupdate
7h
Spotify’s Ek puts a damper on ‘super premium’ hype, bigs up AI and innovation as the future
The super premium opportunity maybe isn’t as exciting as some people would have you believe, and no one can really agree what ...
5h
on MSN
Spotify will start paying video podcast hosts based on how well their videos perform
Spotify announced on Wednesday that it will start paying podcast hosts who make popular videos on its streaming platform.
3h
on MSN
Spotify's New Pivot: We're a Big Video Creator Platform Now, Too
The streaming giant opened doors of it's Los Angeles campus located in the city's Arts District on Wednesday for "Now Playing ...
4h
Spotify takes aim at YouTube with a new revenue-sharing program for creators
Spotify goes after YouTube's video podcast dominance by removing ads for paid subscribers and introducing a new revenue ...
Music Week
14h
Spotify premium subscribers top 250 million
Spotify
’s
premium
subscriber numbers have now passed 250 million. The streaming giant has announced its third quarter ...
7h
on MSN
Spotify Takes Aim at YouTube in Battle for Podcasts
Audio streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads.
5h
Spotify video podcasts to become free from dynamic ads
Digital music service Spotify is making video content free from dynamic ads to premium subscribers in the US, UK, Australia ...
Hosted on MSN
3h
Spotify Reports $100 Million In Royalty Savings Since Rolling Out Bundled Offerings Since March
I am very excited about what lies ahead for us.” That success is due in no small part of
Spotify
’s bundling over the past ...
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