Spotify's user growth beats estimates Spotify Technology has today reported fourth-quarter results that beat expectations for both active users and subscribers, and forecast the number of listeners would reach 500 … Business • 31 Jan
Spotify to trim 6% of workforce, content head to leave Music streaming firm Spotify Technology has said it plans to cut 6% of its workforce, or roughly 600 jobs, adding to a glut of layoffs … Business • 23 Jan
Spotify buys Dublin-based Kinzen Audio-streaming service Spotify said today that it has bought Ireland-based Kinzen, a company that has helped it identify harmful content on the platform. Business • 05 Oct 22
Spotify reports 14% jump in paying subscribers Spotify reported second-quarter revenue above analysts' estimates today, helped by a 14% jump in paying subscribers as more users listened to its podcasts, and the … Business • 27 Jul 22
Spotify forms council to deal with harmful content Spotify has formed a Safety Advisory Council to provide third-party input on issues such as hate speech, disinformation, extremism and online abuse. Business • 13 Jun 22
Apple music, gaming to bring in over $8bn by 2025 Apple's revenue from gaming and music offerings is expected to jump 36% to $8.2 billion by 2025, JPMorgan said today, as the iPhone maker taps … Business • 13 Jun 22
Apple faces extra EU competition charge in music probe Apple faces an additional EU competition charge in the coming weeks in an investigation triggered by a complaint from Spotify, a person familiar with the … Business • 11 Apr 22
Spotify stock sinks on Q1 subscriber numbers Spotify has forecast current quarter subscribers lower than Wall Street expectations, but executives sought to reassure investors that growth had not cratered even as it … Business • 03 Feb 22
Stripe and Spotify team up on podcast payments Stripe has done a deal with Spotify to make it easier for podcasters to accept payments and ensure revenue becomes recurring. Business • 25 Jan 22
Spotify posts third quarter profit of €2m Swedish music streaming service Spotify has today posted a net profit of €2m in the third quarter, just the sixth time it has turned a … Business • 27 Oct 21
Spotify's quarterly loss narrows but users fall short Swedish music streaming service Spotify has posted a narrowed quarterly loss as the number of paying subscribers grew, while reporting a disappointing overall user growth. Business • 28 Jul 21
EU charges Apple with unfair competition in App Store EU competition regulators have today charged iPhone maker Apple with setting restrictive rules on its App Store that force developers to use its own in-app … Business • 30 Apr 21
Spotify results beat estimates as more users tune in Spotify Technology has today beaten Wall Street estimates for first-quarter revenue and paid subscribers, as the music streaming company launched in newer markets and recorded … Business • 28 Apr 21
Spotify buys Locker Room app's maker Betty Labs Spotify has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate its move into live audio. Business • 30 Mar 21
Spotify to allow employees to work from anywhere Spotify Technology will allow its employees to work from anywhere, the Swedish music streaming company said in a blog post today, further upending the future … Business • 12 Feb 21
Spotify outlook weakens as Covid uncertainty persists Music streaming service Spotify has forecast that revenue and paid subscribers will miss Wall Street estimates this quarter, due to uncertainty over how long the … Business • 03 Feb 21
Companies team up to challenge Apple's App Store rules A group of Apple's critics - including Spotify, Match Group and 'Fortnite' creator Epic Games - have joined a nonprofit group that plans to advocate … Business • 24 Sep 20
Spotify's paid music subscribers rise to 130 million Spotify Technology has reported a better-than-expected 31% jump in paid music subscribers to 130 million and a 22% rise in revenue in the first quarter. Business • 29 Apr 20
Spotify's losses grow as it ramps up investments Music streaming service Spotify has reported a bigger net loss in 2019, driven by aggressive investing, but said it had more active users and paying … Business • 05 Feb 20
Spotify lodges EU complaint against Apple Swedish music streaming giant Spotify has filed a complaint with the EU Commission against Apple, accusing its US rival of stifling competition in the online … Business • 13 Mar 19
Spotify posts surprise profit in Q4, sees loss in 2019 Spotify, the world's most popular paid music streaming service, reported an unexpected fourth-quarter operating profit today and sales growth matching expectations. Business • 06 Feb 19
How digital innovation has revolutionised subscriptions Services like Netflix and Spotify have made a new generation of consumer more comfortable with the idea of paying a monthly fee for a product … Business • 24 Dec 18
Spotify earnings hit sour note on Wall Street Spotify shares took a hit today after a disappointing growth outlook offset the first-ever quarterly profit posted by the streaming music sector leader. Business • 01 Nov 18
China's Tencent Music files for Nasdaq IPO Tencent Music Entertainment, which owns China's most popular music apps, has filed for a US IPO seeking funds to develop content and new services. Business • 03 Oct 18
Does your home need more than one Netflix subscription? With faster, more reliable broadband being rolled out across the country (albeit at a much slower pace than many would like), the way in which … Your Money • 08 Aug 18
