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SPOTIFY REVENUE GROWTH
India’s audio streaming apps pivot to 'hybrid' model to drive paid subscriptionsThe landscape of audio streaming in India is undergoing a transformation with a dynamic hybrid model gaining traction. Services are blendin...- Saregama doubles down on premium music IP even as it eyes AI monetisationSaregama is embracing an AI-driven future. The music label is exploring licensing deals with generative AI platforms. Simultaneously, it is...
- 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...
- 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...
- 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 price hike alert: US subscription to rise next year for third time in 3 years - how much will you pay in 2026?Spotify US subscription price increase 2026: Spotify is reportedly planning its third US price increase in three years, with subscribers po...
- 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 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...
- Why subscription-focused Spotify wants to double down on advertising revenues in IndiaIndia among top five markets in terms of user base, engagement: India MD Amarjit Singh Batra
- 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's quarterly revenue, user growth beats expectationsThe Swedish music streaming company posted a 23% increase in revenue to 2.9 billion euros ($2.94 billion), beating analysts' expectations o...
- India is among the markets that is doing incredibly well: Spotify CEO Daniel EkFrom a subscription perspective, Spotify said it expects the core markets like Europe and North America to keep growing for a while longer,...
- 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...
- Spotify sees double-digit MAU growth with 'meaningful contribution' from US, IndiaSpotify had guided for its total MAUs to be in the range of 354-364 million in the first quarter of 2021
- India powers Spotify's growth as it closes in on 350 million monthly active usersThe company adds 24 million monthly active users in Oct-Dec 2020, taking its total for the year to 74 million; one in four users now consum...
- Spotify adds more subscribers in Q3 as music streaming gets back on trackThe company, hit at the outset of the COVID-19 pandemic by a drop in commuting when many users tune into its services, said on Thursday all...
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