Spotify reports record-breaking Q4 growth as CEO Daniel Ek highlights 2024 successRecord-breaking user growth and Spotify's first full-year profit since its 2008 inception were the results of its impressive Q4 performance...
04 Feb, 2025, 09.26 PM IST
Top music labels record high revenues in IndiaIndia's top music companies recorded a combined 6% revenue increase, driven by growing audio streaming and social media use. T-Series saw a...
17 Jan, 2025, 12.34 AM IST
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...
09 Jan, 2025, 11.43 PM IST
Spotify India narrows net loss in FY23Spotify India LLP's net loss declined 26% to ₹344 crore in FY23. Revenue rose 86% to ₹167 crore while expenses fell 9% to ₹504 crore. Subsc...
06 Jul, 2024, 01.21 PM IST
No drastic impact on revenue, user base due to feature restrictions: Spotify India MDAmarjit Singh Batra, managing director of Spotify India, said this during a fireside chat at the India Digital Summit 2024 in Mumbai. Refle...
28 Feb, 2024, 07.27 PM IST
Spotify's user growth beats estimates, forecasts upbeat yearThe number of monthly active users rose by 23% to 602 million in the fourth quarter, beating Spotify's guidance and analysts' forecasts of ...
07 Feb, 2024, 12.12 AM IST
Joe Rogan secures lucrative Spotify deal: Controversial podcast host signs $250 mn contractControversial podcast host Joe Rogan has inked a new multi-year deal with Spotify, extending their partnership. The reportedly massive cont...
05 Feb, 2024, 01.45 PM IST
Audiobooks are booming and Spotify wants in on the actionAudiobooks have become a lucrative format for publishers. Digital audio grew more than 500% between 2013 and 2022, reaching $839 million in...
30 Jan, 2024, 08.57 AM IST
Spotify: Here is why the music streamer is cutting about 17% of its global workforceSpotify's CEO, Daniel Ek, announces a strategic realignment, cutting 1,500 jobs globally, reflecting a broader trend as tech giants reshape...
04 Dec, 2023, 06.54 PM IST
Spotify surprises with Q3 profit, sees 10% stock surgeSpotify surprised investors with its first quarterly profit in a year and a half, leading to a 10% increase in its stock value. The music s...
24 Oct, 2023, 10.07 PM IST
US Banking crisis may hit Indian IT firms; Spotify India’s ad revenue pushAnalysts expect revenues of Indian IT majors like Tata Consultancy Services and Infosys getting adversely impacted due to the ongoing crisi...
22 Mar, 2023, 07.37 AM IST
Music to buck economic woes, double revenues to $131 billion by 2030Goldman Sachs predicts recorded music industry revenues to touch $52.3 billion by 2030.
15 Jun, 2022, 11.27 AM IST
Match Group will accelerate dating app launch in India, says CEO Shar DubeyOrganic traction for its dating app Hinge is exceptionally strong in quite a few untapped international markets and it has huge potential g...
05 May, 2022, 06.39 PM IST
'Necessary evil': After Neil Young and Joni Mitchell quitting row, some artists say they can't afford to leave SpotifyThe row sparked a discussion about other artists exiting the platform of more than 170 million subscribers.
02 Feb, 2022, 07.58 AM IST
What is Apple doing with its App Store?For the first time, Apple will allow Spotify, Netflix and other apps that sell digital subscriptions to music, video, magazines, newspapers...
03 Sep, 2021, 10.21 AM IST
Spotify said to weigh public listing without raising more moneySpotify, which surpassed 50 million paying subscribers earlier this year, doesn’t feel the need to raise capital but wants to allow long-te...
08 Apr, 2017, 10.55 AM IST
Snapchat's IPO leads way for other overheated startupsParent company Snap Inc. on Wednesday sold its first shares of stock to the public at $17 a share, or a market value of about $24 billion, ...
03 Mar, 2017, 10.04 AM IST