Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue grew 35% to €13.8B (Catherine Perloff/The Information)

Catherine Perloff / The Information: Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue grew 35% to €13.8B  —  Spotify is having a moment.  The music-streaming pioneer recorded its first-ever annual profit in 2024 …

Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue grew 35% to €13.8B (Catherine Perloff/The Information)

Catherine Perloff / The Information:
Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue grew 35% to €13.8B  —  Spotify is having a moment.  The music-streaming pioneer recorded its first-ever annual profit in 2024 …

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