Jump to content

Spotify Crashes After Taylor Swift Releases New Album


areyentiraidhi

Recommended Posts

1 minute ago, Spartan said:

spotify is one stock which is slated for 10x in next five years

 

Lot of music streaming platforms unnayi kada… bigwigs might buy and kill anukuntunna.

Link to comment
Share on other sites

16 minutes ago, rahul_arora said:

Lot of music streaming platforms unnayi kada… bigwigs might buy and kill anukuntunna.

+1 , Amazon , Apple , Google all have their own music platforms , but I like Spotify and its recommendations though

growth can never be as expected in future , difficult to predict with competition

Link to comment
Share on other sites

3 minutes ago, Ichigo said:

+1 , Amazon , Apple , Google all have their own music platforms , but I like Spotify and its recommendations though

growth can never be as expected in future , difficult to predict with competition

but nobody except Spotify was able to covert that in revenue

Premium revenue was around $2.4 billion last quarter, or $9.6 billion on an annual basis. This segment is barely profitable right now. However, with gross margins of 28% that have steadily grown over the years, Spotify is guiding the segment to hit 10% profit margins once it slows down its marketing spending to acquire new users. According to management, this improvement should take place in the medium term, which points to a timeline of roughly two to three years. With a 10% margin, that would give the premium subscription business $960 million in annual profits at its current revenue level

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...