Welcome to our dedicated page for Spotify Technology S.A. news (Ticker: SPOT), a resource for investors and traders seeking the latest updates and insights on Spotify Technology S.A. stock.
Spotify Technology S.A. (symbol: SPOT) is a leading Swedish audio streaming and media services provider, founded in 2006 by Daniel Ek and Martin Lorentzon. As of December 2023, Spotify boasts over 602 million monthly active users, including 220 million paying subscribers, positioning it as one of the largest music streaming platforms globally.
Headquartered in Stockholm, Sweden, Spotify's core business revolves around offering both a premium subscription model and an ad-supported service. Revenue streams from these models contributed 86% and 14% respectively to Spotify's total revenue in 2023, reflecting the significant impact of its paid services.
Spotify's platform provides users access to a vast library of music, podcasts, and other audio content. The company's continuous innovation includes strategic partnerships with major labels, independent artists, and podcast creators. Recent developments showcase Spotify's commitment to enhancing user experience and expanding its content offerings.
Financially, Spotify has demonstrated steady growth, leveraging its vast user base and diverse revenue models. The firm's monetization strategies and investment in new technologies ensure its competitive edge in the streaming industry. Spotify is also listed on the New York Stock Exchange in the form of American depositary receipts, reflecting its global reach and financial stability.
Stay updated with the latest news and developments from Spotify Technology S.A. to gain deeper insights into the company's performance and strategic direction.
- Recent achievements: Reached 602 million monthly active users in 2023.
- Current projects: Expanding podcast and audio content offerings.
- Partnerships: Collaboration with major music labels and independent artists.
Spotify Technology S.A. (NYSE: SPOT) will release its fourth quarter 2022 financial results on January 31, 2023, before market open. An earnings call is scheduled for 8:00 AM ET where management will address questions submitted via Slido. Spotify continues to lead the audio streaming market with over 456 million Monthly Active Users and 195 million Premium Subscribers, offering more than 80 million tracks and 4.7 million podcasts across 184 markets.
Spotify Technology S.A. (NYSE: SPOT) has announced the release of its financial results for Q3 2022 on its Investor website. A live Q&A session with Founder and CEO Daniel Ek and CFO Paul Vogel will be held on October 25, 2022, at 4:30 p.m. ET to discuss these results. Spotify continues to lead the audio streaming market, boasting over 456 million Monthly Active Users and 195 million Premium Subscribers across 183 markets, offering more than 80 million tracks and 4.7 million podcast titles.
Spotify Technology S.A. (NYSE: SPOT) is set to release its third quarter 2022 financial results on October 25, 2022, after market close. A Q&A session will follow at 4:30 PM Eastern Time, where management will address questions submitted via Slido. The company boasts over 433 million Monthly Active Users and 188 million Premium Subscribers, with a vast library of more than 80 million tracks including 4.4 million podcasts. Access the live webcast at investors.spotify.com.
Spotify Technology S.A. (NYSE: SPOT) has announced that Chief Financial Officer Paul Vogel will present at the Evercore ISI 2nd Annual Technology Conference on September 7, 2022, at 8:00 a.m. Eastern Time. The presentation will be accessible live and for replay on the Spotify Investor Relations website.
Spotify is a leading audio streaming subscription service, boasting 433 million Monthly Active Users and 188 million Premium Subscribers, available in 183 markets with over 82 million tracks.
Spotify Technology S.A. (NYSE: SPOT) announced a Q2 2022 financial results update on its investor website. A live Q&A session, hosted by CEO Daniel Ek and CFO Paul Vogel, is scheduled for July 27, 2022, at 8:00 a.m. ET. Spotify, the leading audio streaming service, boasts over 433 million Monthly Active Users and 188 million Premium Subscribers across 183 markets, with a catalog of more than 80 million tracks and 4 million podcasts. The webcast will be available for later viewing on the investor site.
Spotify Technology S.A. (NYSE: SPOT) is set to release its second quarter 2022 financial results on
Spotify and Integral Ad Science (IAS) have partnered to develop a pioneering third-party brand safety solution for podcast advertisers. This collaboration aims to enhance transparency in podcast advertising, a sector projected to grow from $1 billion in 2021 to over $4 billion by 2024. The initiative will leverage Spotify's first-party data and IAS's independent verification to validate brand safety and messaging context for advertisers. Additionally, UM Worldwide will assist in testing this tool, ensuring the needs of advertisers are prioritized throughout development.
Spotify Technology S.A. (NYSE: SPOT) will host an Investor Day on June 8, 2022, starting at 10:00 a.m. Eastern Time in its New York City office. CEO Daniel Ek, CFO Paul Vogel, and the Leadership Team will present the company’s progress since its direct listing, current roadmap, and future growth opportunities, followed by a live Q&A session. A webcast of the event will be available at investorday2022.byspotify.com. Spotify boasts over 422 million Monthly Active Users and 182 million Premium Subscribers.
Spotify Technology S.A. (NYSE: SPOT) will host an Investor Day on June 8, 2022, at 10:00 a.m. ET in its New York City office. CEO Daniel Ek, CFO Paul Vogel, and the Leadership Team will present advancements since their direct listing, and discuss future growth opportunities, followed by a live Q&A session. The event will be webcast live at investors.spotify.com. Due to limited capacity, in-person attendance is by invitation only, with further registration details to be provided.
Spotify Technology S.A. (NYSE:SPOT) reported strong Q1 2022 results, with Monthly Active Users (MAUs) growing 19% year-over-year to 422 million, surpassing guidance. Revenue rose 24% year-over-year to €2,661 million, driven by a 31% increase in Ad-Supported Revenue. Premium Subscribers increased to 182 million, a 15% growth despite some involuntary churn due to the exit from Russia. Gross Margin held at 25.2%. The company also announced partnerships with Google and FC Barcelona, enhancing its market presence.
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