Spotify Shifts From One-Size-Fits-All to Tailored Plans
SPOTSpotify(SPOT) PYMNTS.com·2024-07-27 04:06

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor.Second-quarter earnings, reported on Tuesday (July 23), highlightedSpotify’s accelerated revenue growth, achieving record highs for both gross margin and operating income. Innovations like daylist and AI DJ, alongside video podcasts and audiobooks, have deepened user engagement with Spotify.Top of Form“We’re at 246 million paid subscribers, so we’re one of the largest subscription servi ...