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Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B (Financial Times)

Financial Times: Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B  —  The Swedish music streaming service's size now gives it a durable advantage over rivals  —  Spotify has found its groove.

Mar 16, 2025 - 15:02
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Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B (Financial Times)

Financial Times:
Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B  —  The Swedish music streaming service's size now gives it a durable advantage over rivals  —  Spotify has found its groove.

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