If you think Spotify was designed to be a music platform, you’ve been tricked. Liz Pelly has the receipts. "There's a quote ...

Spotify Technology reported impressive user growth and profitability metrics, though its financial metrics were mixed.

Spotify was initially designed as an advertising company; its paid tier was the result of a concession to major labels in early negotiations over streaming rights. This may come as something of a ...

By putting podcasts across platforms, Spotify can also maximize advertising revenue, which was roughly 472 million euros, or about $491 million, last quarter — up a modest 5.6% from the year ...

Spotify’s outperformance is backed by the ... Audiobooks and podcasts help Ek keep more of the dollars earned from consumers and advertisers, rather than paying music labels royalties.