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Spotify Shares Jump Following Strong Earnings Report

Spotify stocks jumped by 10% during premarket trading after the streaming platform released its fourth-quarter earnings. Despite an operating loss of 75 million euros ($80.6 million) led by real estate-related expenses, the company is on course to a first-quarter operating income of 180 million...

Spotify Insists Price Hikes Will Nor Harm Subscriber Growth

Spotify insisted that its recently-announced price hikes would not have a harmful impact on its recent subscriber growth. This comes after shares in the music streaming platform slumped to their lowest level since mid-December on Monday. On Monday, Spotify announced that it would be implementing...

Spotify Plans to Raise the Prices for Premium Plan in the U.S.

Americans are set to pay higher prices for their premium Spotify experience. The music streaming platform plans to increase the subscription fee for their ad-free premium plan in the U.S., according to a recent report by Wall Street Journal. The current price of the Spotify...