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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.
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.
