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Spotify expects operating income of 481 million euros ($509.76 million) in the fourth quarter, compared with the LSEG-compiled average analysts' estimate of 445.7 million euros.
Spotify is hiking rates for its monthly streaming plans in the U.S. for the second time in a year. The Spotify Premium Individual plan is increasing by $1, from $10.99 to $11.99 per month ...
According to Wall Street analysts, Spotify is projected to reach 2024 earnings per share (EPS) of $5.90, making it its first full year of positive net income, reversing a loss of $2.73 per share ...
In August 2021, Spotify launched a test subscription tier called Spotify Plus. The subscription costs $0.99 and is supposed to be a combination of the free and premium tiers. Subscribers to this plan will still receive ads but will get the ability to listen to songs without shuffle mode and skip any number of tracks.
[69] [70] In 2013, Spotify stated that it paid artists an average of $0.007 per stream. Music Week editor Tim Ingham commented that while the figure may "initially seem alarming," he noted: "Unlike buying a CD or download, streaming is not a one-off payment. Hundreds of millions of streams of tracks are happening every day, which quickly ...
While Spotify Wrapped is commonly referred to as an annual collection of data, Billboard and Newsweek have reported that only activity from between January 1 and October 31 of a given year is included. [5] In 2021, a Spotify official told Newsweek that the reasons for activity tracking ending in October as opposed to December are logistical ...
For the first time since 2011, Spotify confirms a price hike for about 200m ad-free subscribers.
As expected, Spotify has finally raised the price of its premium music-streaming subscription in the U.S. to $10.99 per month — the first such price hike since the service launched in the ...