Spotify's Podcast Strategy Takes Shape [The Motley Fool]
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: The Motley Fool
Spotify's Podcast Strategy Takes Shape You are what you listen to -- and advertisers want to know what that is. Spotify ( NYSE:SPOT ) has long been a service focused on music. But music alone has not always been enough for Spotify, which has taken an eternity to turn a profit . Fortunately, there may be another way to cash in: podcasts. Podcasts aren't all that different from music: Spotify pays for them, users listen to them, and they pay it subscription fees. The trick is that podcasts give the company more information. And it is increasingly pitching itself (to advertisers, at least) as a data collector. As the saying goes, "If you're not paying, you're the product." Spotify isn't free, but it's also not expensive enough to make much money. And its plan to better monetize its platform isn't about pleasing subscribers so much as it is about using them. It tracks what they listen to, and it can draw conclusions about them based on that data. If country music fans are more likely to
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News
- Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision' [FOX Business Network]FOX Business Network
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Guggenheim from $290.00 to $350.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at HSBC Holdings plc from $310.00 to $355.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Bank of America Co. from $315.00 to $370.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Barclays PLC from $335.00 to $350.00. They now have an "overweight" rating on the stock.MarketBeat
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form 144
- 4/24/24 - Form 144
- SPOT's page on the SEC website