Spotify has reported its financial results for the second quarter up to June 30.
The streaming giant added seven million subscribers and achieved record profitability in the three months.
Spotify’s long-term strategy was focused on growth rather than profitability for a long period.
But with major staffing cuts in December 2023, the streaming giant has now reached ...
Universal Music Group and Spotify have announced an expansion of their strategic relationship.
According to a statement, the partnership will “further amplify music discovery and social interaction and enhance fan ...
Spotify has announced immediate plans to reduce global staff headcount by 17%.
The decision to tackle the company's cost structure will affect around 1,500 of the 9,000-strong workforce at the ...
It’s all action in the world of Spotify. The past 24 hours have brought some big changes, alongside the company touting some “exceptionally strong MAU and Subscriber results” for ...
Spotify has hosted its second Stream On event, which featured artists, songwriters, video and content creators alongside the streaming giant’s executives.
Spotify hosted hundreds of creators in the Los Angeles ...
Spotify is the latest tech giant to make significant reductions in its workforce.
CEO Daniel Ek has today announced that the streaming company’s employee base is being reduced by about ...
All eyes have been on the Spotify numbers for signs of a streaming switch-off.
Perhaps of more significance, however, is the company’s decision to halt production of its Car Thing ...
Spotify is confident that its growth trajectory will take it past one billion users by the end of the decade.
Spotify’s founder and CEO Daniel Ek outlined the streaming giant’s ...
Spotify CEO Daniel Ek has responded to the controversy surrounding Covid misinformation on the platform.
The streaming giant launched a series of measures in the past week to address concerns, ...
