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Stock impact report

Spotify (SPOT) to Bring Music Videos to US and Canada [Yahoo! Finance]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
S.A. (NYSE:SPOT) has announced plans to make music videos available to premium subscribers in the US and Canada by the end of December. The company will be competing with YouTube for market share. Video content creates a more engaging and immersive experience than just audio. This could help Spotify Technology S.A. (NYSE:SPOT) bring in more users and advertisers. This comes after the beta launch in almost 100 markets in 2024. This move will help the company stand out from other music streaming services. Spotify Technology S.A. (NYSE:SPOT) announced that the starting video catalog will feature content from artists like Ariana Grande, Olivia Dean, BABYMONSTER, and Addison Rae. The company noted that fans who find a song with a music video on its platform are “34% more likely to stream it again and 24% more likely to save or share it in the following week.” According to the report by Reuters, Spotify Technology S.A. (NYSE:SPOT) recently launched Wrapped, its year-end listening summ Show less Read more
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