Spotify Reports Third Quarter 2024 Earnings
5 days ago · November 12, 2024. Today, we announced our third quarter 2024 earnings where we outperformed across key metrics, moving us one step closer to a full year of profitability. Take a look at the highlights below: Monthly Active Users grew 11% Y/Y to 640 million. Subscribers increased 12% Y/Y to 252 million. Total Revenue was up 19% Y/Y to €4 billion.
Spotify woos video, podcast creators to better compete with …
4 days ago · When asked by an analyst about Spotify’s scale, reach and engagement being smaller than YouTube’s, Spotify Chief Executive Daniel Ek said on an earnings call on Tuesday that “people make it ...
Spotify Unveils Uninterrupted Video Podcasts, Audience-Driven …
5 days ago · “Spotify Premium has long set the standard for listening on any device,” shared Spotify founder and CEO Daniel Ek.. “By delivering a best-in-class video offering uninterrupted by ad breaks, combined with Spotify’s flexibility and ubiquity, we can provide an experience for your audience that is superior to any platform.
Daniel Ek says Spotify has never been stronger as it caps …
5 days ago · Daniel Ek has overseen an impressive turnaround at Spotify after last year's tumultuous layoffs. David Paul Morris/Bloomberg via Getty Images Daniel Ek says Spotify has “never been in a stronger ...
Spotify’s New Pivot: We’re a Big Video Creator Platform Now, Too
5 days ago · Daniel Ek, Spotify's founder and CEO, speaks onstage during the "Now Playing" creator day hosted by Spotify at its Los Angeles campus on Nov. 13, 2024. Presley Ann/Getty Images for Spotify Share ...
Spotify teases a 'super premium' tier for superfans and upcoming …
4 days ago · Spotify CEO Daniel Ek has once again teased the company’s long-delayed HiFi or “super premium” tier, a higher-qualify subscription offering the streaming service first announced in 2021 and ...
Daniel Ek says Spotify has ‘never been in a stronger position’ as …
5 days ago · Daniel Ek says Spotify has “never been in a stronger position” as the streaming giant set itself on track for its first full year of profitability, capping a remarkable 2024 turnaround...
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek …
Dec 4, 2023 · Music streaming service Spotify is laying off 17% of its workforce worldwide, in a dramatic move aimed at reducing its costs and adjusting for a slowdown in growth, CEO Daniel Ek said Monday.
An Update on December 2023 Organizational Changes - Spotify
Dec 4, 2023 · Earlier today, CEO Daniel Ek shared the following note about the company’s organizational changes with all Spotify employees. Team, Over the last two years, we’ve put significant emphasis on building Spotify into a truly great and sustainable business – one designed to achieve our goal of being the world’s leading audio company and one ...
Spotify CEO Daniel Ek surprised at negative impact of laying
Apr 23, 2024 · When Spotify announced its largest-ever round of layoffs in December, CEO Daniel Ek hailed a new age of efficiency at the streaming giant. But four months on, it seems he and his executives...