Spotify's Price Hikes Are Bullish, Though It Remains Overpriced

SPOT's Value Proposition In Audio Streaming The platform has been highly successful in its business mission indeed - in which to "unlock the potential of human creativity - by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it." SPOT has walked the talk as well, with it already paying a record high of $9B in royalties to music industry participants in 2023, amounting $48B in overall payouts since 2006. With $4.5B of roy ...