---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

Spotify

🌎 spotify.com

Spotify is a digital music service that provides access to millions of songs, allowing users to stream music online. It features popular artists, albums, singles, and curated playlists, making it a leading platform in the music streaming industry.

---

Spotify - Latest News and Updates

• Spotify shares surged 13% after reporting its first profitable year and paying a record $10 billion in royalties in 2024.
• Spotify released a new full cast audiobook 'That Friend' by Sabrina Brier, known for her TikTok content.
• Spotify reported a 16% year-over-year revenue increase to €4.2 billion in Q4 2024, marking its first full year of profitability.
• Spotify forecasts first-quarter profit above market estimates due to steady user growth, price hikes, and cost-cutting measures.
• The National Music Publishers’ Association (NMPA) has issued over 2,500 infringement notices against Spotify for alleged unauthorized use of music in its podcasts, as part of an ongoing dispute over Spotify's bundling practices.

• Spotify is facing boycott calls due to a recent court ruling on royalties and its donation to Trump's inauguration.

---

Sign up to receive regular updates

If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.