How Spotify plans to turn price hikes and audiobooks into bigger Q4 profits

Core Insights - Spotify is achieving a significant financial turnaround by implementing strategic price increases and expanding its audiobook library, which is expected to drive fourth-quarter profitability well beyond Wall Street expectations [1] Group 1 - The company is blending price increases with a growing audiobook library to enhance profitability [1] - The financial turnaround is characterized by impressive performance metrics that exceed market expectations [1]