Spotify

(Reuters) – Spotify Technology SA on Wednesday forecast current quarter revenue largely below analyst estimates, as the streaming service spends more on promotions to keep and lure listeners in its battle against Apple Music and Amazon. Shares of the company were down 5% at $148 before the bell. Spotify’s paid subscriptions rose a better-than-expected 29%
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(Reuters) – Spotify Technology SA said on Friday it would pause selling political advertisements on its music streaming platform in early 2020. FILE PHOTO: A smartphone and a headset are seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic The world’s most popular paid
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(Reuters) – U.S. lawmakers have requested information from Apple critic Spotify as part of an antitrust probe, according to two sources briefed on the investigation into allegations the iPhone maker engages in anti-competitive behavior to support its own apps. FILE PHOTO: A screen displays the company logo and trading info for Spotify on the floor
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