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SPOTIFY REVENUE
Screen-shunning parents turn to audio toysParents are increasingly choosing audio-only gadgets for their children, moving away from excessive screen time. Devices like Yoto and Toni...
Spotify aiming for a 'ChatGPT moment' in music and India is central to the planSpotify is embracing artificial intelligence to become a personalised audio platform. The company is developing AI playlists, conversationa...
Pocket FM cuts 100 jobs, moves 2,000 contract employees on Quess Corp’s payrollAudio series platform Pocket FM has reportedly laid off approximately 100 employees, about 10% of its workforce, primarily from its content...
US stock market today: Why is Nasdaq crashing big today? Dow and S&P 500 slip as Nasdaq plunges over 300 points - Nvidia, AMD, Intel lead tech lossesUS stock market today: Nasdaq crashing big today as Dow Jones and S&P 500 also slip. The US stock market today shows a sharp shift. The Nas...
Pocket FM elevates Lalit Gangwar as COO to lead global operationsIn his new role, Lalit Gangwar will lead the company’s audio vertical as it expands internationally and oversee business operations and mon...
Pocket FM hits $450 million ARR in April after accelerating AI-led content creationPocket FM hits $200 million ARR after six years of operations in Q4 of FY25, and it achieved about $400 million ARR in Q4 of FY26. Currentl...
Music to ears: Give quality, will payIndian consumers are starting to pay for quality. Gen Z listeners are switching to paid music streaming subscriptions. This trend is pushin...
Spotify has cut 15 jobs in podcast unit to reduce management layers: ReportThe streaming giant’s podcast journey since 2019 has been marked by strategic pivots. It initially pursued platform exclusivity before open...
Spotify expects profit above estimates as founder Daniel Ek moves to new roleSpotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish streaming company benefits from strong user ...
Spotify says it made record payout of more than $11 billion to music industry in 2025Spotify has announced a record payout of over eleven billion dollars to the music industry last year. This represents a significant increas...
Spotify says it made record payout of more than $11 billion to music industry in 2025The Swedish streaming platform said in a blog post that its payouts in 2025 grew by more than 10% from a year earlier, with independent art...
Spotify India turns profitable in FY25 on subscription surgeSpotify India has achieved a significant financial turnaround. The music streaming platform reported a net profit of Rs 75 crore for FY25, ...
Spotify India loss narrows, revenue strikes a high noteSpotify India reported a net loss of ₹143 crore for 2023-24, a 58% decline compared to the previous fiscal. Operating revenue surged 93% to...
Spotify's user growth beats estimates, expects 500 million listeners next quarterThe number of monthly active users rose to 489 million in the quarter, beating Spotify's guidance and analysts' forecasts of 477.9 million.
Spotify expects to reach $100 billion in revenue in 10 yearsThe audio streaming company hosted its first investor day since going public in 2018, hoping to stoke Wall Street's enthusiasm despite the ...
Shopify's revenue growth slowest in seven years, shares plungeShopify's first-quarter revenue rose 22% to $1.2 billion, a far cry from nearly 100% growth during the early days of the pandemic. Analysts...
Spotify Q3 2021: Resumption of marketing initiatives in India helped drive MAU to 381 millionIt also saw improved momentum across the 86 markets launched earlier this year, with outperformance led by South Korea, Bangladesh, and Pak...