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Spotify reported quarterly earnings of $1.88 per share, below the analyst estimate of $2.06. The company reported quarterly sales of $4.53 billion (4.24 billion euros), up by 16%, topping the ...
Spotify's fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any ...
A study has shown that record labels keep a high amount of the money earned from Spotify, [377] [378] and the CEO of Merlin Network, a representative body for over 10,000 independent labels, has also observed significant yearly growth rates in earnings from Spotify, while clarifying that Spotify pays labels, not artists. [379]
The following table lists the progression for the record of most number of days for non-seasonal songs in the number 1 position on the Global Spotify Chart, showing the date the record was achieved and the length the record was held (in the case of the current record holder, Tones and I, has been held).
Circle Album Chart (weekly from 2010) Circle (from 2018) Circle Digital Chart (from 2010) Circle (from 2018) Note: The Circle Chart was known as the Gaon Chart from its founding in 2010 until July 7, 2022. When sourcing peak chart positions, use the weekly Circle Digital Chart (for singles) and the weekly Circle Album Chart (for albums).
Goldman Sachs analyst Eric Sheridan maintained Spotify Technology (NYSE:SPOT) with a Buy and raised the price target from $490 to $550. Ahead of its fourth-quarter 2024 earnings report, Sheridan ...
Spotify is the largest platform of all — making up roughly 31% of the total market share — with a reported 626 million users and 246 million subscribers in over 180 markets. In July, Spotify increased its monthly subscription cost. So, how does money from advertisers and subscription fees move from Spotify to artists’ wallets, anyway?
Spotify stock rose as much as 11% following its surprise profit. Wall Street has been closely watching the company's margins after its spending spree on podcasting last year.