Spotify Impresses with Record User Growth in Q4 – AI Features and Price Increases Pay Off!
Reading Time: 4 minutes
Spotify claims to be the leading streaming provider with nearly 32% market share and could soon introduce its "Super-Premium" subscription. Record payouts of over 10 billion USD in 2024. Spotify is creating new incentives for content creators in video podcasts and audiobooks. Net growth in monthly listeners reached a new record of +12% to 675 million in Q4. AI features are generating interest in premium subscriptions. With a focus on increased profitability, the gross margin improved to a record high of 32.2%. Free cash flow more than doubled....
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