Obamas Move Audio Deal to Amazon After Spotify Friction [Business News Network (BNN) (Canada)]
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: Business News Network
audio programming, the companies announced Tuesday, bringing an end to the Obamas' three-year relationship with Spotify. The terms of the deal weren't disclosed, including whether the deal gives Higher Ground the flexibility to release shows on many audio services at the same time. Spotify paid for exclusive rights to shows, though it later distributed them on rival services. “At Higher Ground, we have always sought to lift up voices that deserve to be heard — and Audible is invested in realizing that vision alongside us,” former president Barack Obama said in a press release. “I'm looking forward to partnering with them to tell stories that not only entertain but also inspire.” The famous family signed its first podcast deal with Spotify Technology SA in 2019 and released a variety of shows, including “The Michelle Obama Podcast” and “Renegades: Born in the USA,” a multi-hour conversation between Barack and musician Bruce Springsteen. The partnership turned south over the years
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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
- 4/24/24 - Form 144
- 4/24/24 - Form 6-K
- SPOT's page on the SEC website