Skip to main content

Spotify Active Users Rose to 465 Million in Q3 2022, Says Profit Margins Squeezed by Slow Advertising Growth

Spotify on Tuesday reported that profit margins were lower than expected, as the streaming service blamed "some softness in advertising," currency fluctuations and retroactive royalty payments to songwriters and music publishers. Premium subscribers, who account for most of the company's revenue, grew 13 percent to 195 million, while the number of monthly active users...

from Gadgets 360 https://ift.tt/tQOpRVy
Labels:

Comments

Post a Comment

Popular posts from this blog

WWE Unreal OTT Release Revealed, First Teaser Out

Netflix launches the series WWE Unreal based on fights of WWE featuring big stars of the Raw ring. The series is produced under Omaha productions with Jamie Horowitz, Ross Ketover, Ken Rodgers, Keith Cossrow, Lee Fitting, Marc Pomarico, and Jessica Body as executive producers. from Gadgets 360 https://ift.tt/2hkaJDe
Post a Comment
Read more

Silent Hill F, 2 Remake, Return to Silent Hill Movie Announced: All Details

Multiple Silent Hill announcements were made at Konami’s latest presentation. First up, we have Silent Hill f, a new game written by acclaimed horror writer Ryukishi07, set in a 1960s Japanese town. Then there is the Silent Hill 2 remake, helmed by Bloober Team, aimed at PS5 and PC. Silent Hill: Townfall is low on details, while Christophe Gans returns to direct a n... from Gadgets 360 https://ift.tt/NjzcJqb
Post a Comment
Read more

Farzi, The Night Manager, The Consultant, and More: February Web Series on Netflix, Hotstar, Apple TV+, Amazon Prime Video

Shahid Kapoor and Vijay Sethupathi-led Farzi, The Night Manager starring Anil Kapoor and Aditya Roy Kapur, The Flash season 9, Christoph Waltz-led The Consultant, Hello Tomorrow! on Apple TV+, Gina Rodriguez’s Not Dead Yet, and My Dad the Bounty Hunter — the seven biggest TV shows and web series in February 2023 on Netflix, Hotstar, Apple TV+, and Amazon Prime Vid... from Gadgets 360 https://ift.tt/ODTs0ej
Post a Comment
Read more