Wednesday, April 27, 2022

Spotify reports Q1 revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subscribers rose 15% YoY to 182M, despite losing 1.5M in Russia (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subscribers rose 15% YoY to 182M, despite losing 1.5M in Russia  —  Spotify Technology SA's paid subscriber forecast for the current quarter fell just short of analyst estimates …



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Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...