Spotify Technology S.A. (SPOT)
|Net Income (ttm)||-1.06B|
|Day's Range||152.05 - 155.48|
|52-Week Range||69.29 - 182.00|
|Price Target||163.46 (+6.32%)|
|Earnings Date||Oct 24, 2023|
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also... [Read more]
In 2022, SPOT's revenue was 11.73 billion, an increase of 21.30% compared to the previous year's 9.67 billion. Losses were -430.00 million, 1164.7% more than in 2021.Financial numbers in EUR Financial Statements
According to 24 analysts, the average rating for SPOT stock is "Buy." The 12-month stock price forecast is $163.46, which is an increase of 6.32% from the latest price.
Spotify adds 'Jam' feature for shared playlist
Spotify (SPOT) announced its new "Jam" feature which allows premium users to invite other users to add songs to a shared queue. Yahoo Finance's Josh Schafer, Dan Howley, and Pras Subramanian break dow...
Spotify won't remove all AI-generated music despite previously pulling some AI tracks from the platform
Spotify isn't planning to completely ban AI-generated content, CEO Daniel Ek told the BBC. Ek told the outlet there were good and bad uses for the technology.
Spotify is launching an eerie new AI-led feature that mimics podcasters' voices and translates them into different languages
Spotify is launching a new feature called "Voice Translations" powered by AI including ChatGPT. The feature will replicate the voices of podcasters and translate them into different languages.
The company is testing its tech in partnership with popular podcast hosts, including Armchair Expert's Dax Shepard and The Ringer's Bill Simmons. There is no shortage of enjoyable podcasts to listen t...
Spotify Technology is testing an artificial intelligence (AI) powered feature that will translate podcasts into other languages.
The platform said it would use a new feature from OpenAI that can generate “human-like audio.”
Spotify is translating podcasts into multiple languages with the same original voice
Spotify Technology is testing an AI-powered feature that will translate podcasts from the likes of Dax Shepard and Lex Fridman to other languages, the audio-streaming company said on Monday.
NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its third quarter 2023 financial results and deck to shareholders on Tuesday, October 24, 2023 before market open. The company...
Spotify denies 30-second song royalty hack
Spotify (SPOT) is rejecting a report that claims that artists can get rich from royalties by posting a 30-second song and replaying the song for 24 hours. Spotify CEO Daniel Ek denied the report, writ...
Spotify this week launched a new tool called Showcase that allows artists to promote their work directly in the streaming app's revamped Home feed introduced earlier this year.
No, it's not possible to make $1,200 a month by posting 30-second tracks on Spotify – steaming giant CEO says
JP Morgan suggested that users could make over $14,000 a year by gaming Spotify's royalties system. Boss Daniel Ek said the lucrative side hustle wasn't possible as it was "not how our royalty system ...
Repeatedly listening to your own 30-second track on Spotify won't make you around £960 ($1,200) a month, the streaming giant's chief executive has said.
Universal Music has struck a deal with a rival of Spotify, and the pact could put artists back at the heart of the music-streaming industry.
Investigation claims networks convert illicit cash to bitcoin to pay people who sell false streams on the platform
Criminal gangs behind a surge of bombings and shootings in Sweden in recent years are using fake Spotify streams to launder money, a Swedish newspaper reported Tuesday.
The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky's-the-limit media frontier.
As of October 1, white noise podcasters will be ineligible to earn money through Spotify's “Ambassador Ads” program.
Following Apple's announcement of podcast creator tools for subscriptions on Monday, Spotify today also introduced its own latest developments in terms of features aimed at podcasters.
NEW YORK--(BUSINESS WIRE)--Former Spotify data scientist Jon Gibs joins Veritonic as Strategic Advisor, providing guidance around platform enhancements & integrations.
“White noise” podcasts feature calm and relaxing sounds such as falling rain, crashing waves or just plain static.
Evercore ISI's Mark Mahaney breaks down the firm's top internet picks
Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss Evercore's new report on key takeaways from the second quarter earning season, the firm's top internet picks includi...
Ray Dalio (Trades, Portfolio) is a billionaire investor and the founder of Bridgewater Associates, the world's largest hedge fund. In the second quarter, the firm loaded up on a number of stocks, incl...
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Spotify Expands Its AI-Powered DJ Globally
Ziad Sultan, Spotify's vice president of personalization, discusses the expansion of the company's AI-powered DJ to more countries around the world. He speaks with Ed Ludlow on "Bloomberg Technology.