Spotify reported its 2024 full-year earnings on Tuesday, hitting record revenues of €15.7 billion ($16.3 billion) and realizing its first profit of €1.4 billion ($1.5 billion) as it grew monthly ...

Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.

To give some perspective on Spotify’s long road to steady profitability, the company was founded all the way back in 2006.

Spotify, led by boss Daniel Ek (pictured), said user numbers were up 12% year-on-year, and the jump was its highest ever for a fourth quarter.

Spotify reported its first full-year profit Tuesday, and an additional 35 million monthly active users.

Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...

Spotify reported solid Q4 and full-year 2024 earnings, with the streamer turning in its first annual net profit since it was ...

Taylor Swift, Drake, Neil Young and many other artists have openly criticized Spotify and other streaming services for their ...

On Wednesday at The Waterside in Lekki, Spotify users, media, and influencers in Lagos experienced this feature firsthand at ...

My Spotify liked-songs playlist is not exactly listenable on shuffle; there are simply too many genres and moods in there.

As for looking ahead, Spotify expects its premium subscriber base to grow to 260 million and its MAUs to reach 665 million by the end of Q4 2024. The company will report its full earnings for the ...

In the blog, humbly titled “Getting the world to value music,” Kaefer describes the pre-streaming era of music as an ...