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Spotify, Net Loss

Variety on MSN · 1d

Spotify Boosts Subscriber Count to 276 Million in Q2, Misses Revenue Target and Swings to Net Loss

Spotify reported solid Q2 2023 gains in subscribers and total users but came up short of its revenue target and posted a net loss for the period.

The Hollywood Reporter on MSN · 1d

Spotify Hits 276 Million Paying Subs, Exceeding Forecasts, But Swings to Quarterly Loss

The audio streaming giant, led by CEO Daniel Ek, posts its second-quarter results, which were hit by higher expenses and costs related to stock gains, pushing company shares lower in pre-market trading.

Billboard · 1d

Spotify Beats Expectations for Quarterly Revenue as Paid Subscribers Climb to 276 Million

S potify said subscribers rose 12% and total revenue grew by 15% in the second quarter compared to a year ago, as the streaming giant beat its quarterly guidance for subscriber and monthly user growth,

17hon MSN

Spotify Stock Dips On Q2 Miss; CEO Says Streamer “Behind” On Plan For Its Advertising Business

Not every decision will yield immediate returns, and our progress is not always linear,” Spotify chief executive Daniel Ek ...

1don MSN

Spotify hints at a more chatty voice AI interface in the future

The voice data in question comes from Spotify’s AI DJ feature. In May 2025, Spotify introduced a way for Premium subscribers ...

1d

Spotify CEO defends slower price hikes: ‘A lot better to keep the customer around’

Spotify CEO Daniel Ek defended the company's measured approach to price increases, saying the strategy reflects a long-term ...

King Gizzard and the Lizard Wizard to pull music from Spotify over Daniel Ek’s A.I. investments

Australian band King Gizzard and the Lizard Wizard will remove all 27 of its albums from Spotify in protest of CEO Daniel ...

14h

'We don’t want our music killing people': Artists revolt against Spotify over AI warfare ties

Several artists, including King Gizzard & the Lizard Wizard, Deerhoof, and Xiu Xiu, are pulling their music from Spotify in ...

1don MSN

Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 10% on weak guidance

Spotify's advertising-supported revenues declined about 1% to 453 million euros from 456 million euros a year ago. The ...

Music Business Worldwide2d

King Gizzard & the Lizard Wizard join Deerhoof and Xiu Xiu in pulling music from Spotify after Daniel Ek’s military AI investment

Ek recently led a €600 million (USD $703m) series D for Helsing, a defense company focused on AI-powered military drones.

4d

King Gizzard & The Lizard Wizard Pull Catalog From Spotify Over Daniel Ek’s Investment in Defense Tech Company

"Can we put pressure on these Dr. Evil tech bros to do better?" the band asked, stating that Spotify's founder "invests ...

12hon MSN

This popular rock band is pulling its music from Spotify: Here’s why

King Gizzard isn’t the only band to recently pull its catalog from Spotify. The indie bands Deerhoof and Xiu Xiu (pronounced ...

Complete Music Update2d

Increasing number of artists join Spotify boycott over CEO’s AI weapon investments

Last month it emerged that Spotify boss Daniel Ek had put more money into - and was now Chair of - AI defence tech company ...

1don MSN

Spotify Gains Subscribers but Posts Loss

The audio streaming service added more listeners than it had forecast, but reported a net loss for the second quarter.

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