Spotify had a great 2024 with the increase in subscription costs and subscribers, announcing it made a full-year profit for the first time since launching in 2008. The announcement comes as Spotify released its 2024 fourth-quarter earnings, with net earnings at €1.14 billion (roughly $1.69 billion CAD) and subscribers increasing 11% year-over-year to 263 million. […] General, Business, profit, spotify MobileSyrup
Spotify had a great 2024 with the increase in subscription costs and subscribers, announcing it made a full-year profit for the first time since launching in 2008. The announcement comes as Spotify released its 2024 fourth-quarter earnings, with net earnings at €1.14 billion (roughly $1.69 billion CAD) and subscribers increasing 11% year-over-year to 263 million.
