Spotify shares fall on report Amazon in talks to launch ad-supported music offering [Reuters (UK)]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Reuters
Spotify shares fall on report Amazon in talks to launch ad-supported music offering - Reuters 2 Min Read (Reuters) - Shares of Spotify Technology SA fell 4 percent on Monday after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader. Amazon would market the free music service through its voice-activated Echo speakers, a Billboard report said on Friday, adding that it could become available as early as this week. So far, the e-commerce giant offers its Prime Music service as part of its Amazon Prime subscription service at $119 per year. Amazon Prime also offers free delivery and access to its Prime Video service. In addition, the company sells Amazon Music Unlimited subscriptions for $9.99 a month, which is available for Prime members at a lower fee of $7.99 per month. Spotify had 116 million ad-supported users and 96 million paying subscribers as of February 2019. Amazon has sa
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News
- Music Streaming Services Are Getting Record Amounts of Money [CNET News]CNET News
- Spotify Technology S.A. (NYSE: SPOT) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating and a $310.00 price target on the stock.MarketBeat
- Spotify Technology S.A. to Announce Financial Results for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Spotify Technology S.A. to Announce Financial Results for First Quarter 2024Business Wire
- Spotify adds video learning courses in latest experiment [Verge, The]Verge, The
SPOT
Earnings
- 2/7/24 - Miss
SPOT
Sec Filings
- 3/7/24 - Form 144
- 3/7/24 - Form 6-K
- 3/6/24 - Form 144
- SPOT's page on the SEC website