Spotify swings to profit, paying subscribers rise
Spotify(SPOT) TechXplore·2024-04-23 13:30
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Despite its success in the online music market, the company has never posted a full-year net profit and only occasionally quarterly profits. Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. The c ...