The Swedish music app has published results for the final quarter of 2024, its first full year of profitability.
Revenue rose 16 per cent year-on-year to €4.2 billion. Users grew by 12 percent to 675 million, subscribers by 11 percent to 263 million.
Musicians were paid peanuts.
Founder Daniel Ek says they should be grateful.
The post Spotify turns a profit (you don’t) appeared first on Slippedisc.
Chicago readers report that George Freeman has left us. He may have been the last surviving person to have performed and recorded with Charlie Parker. George played with most other greats and recorded many albums, […]
Who knew this was online? The post Watch: A quiet chat with Igor Stravinsky appeared first on Slippedisc.
The Würth Group has signed on to be the Salzburg Festival’s main sponsor from 2025. The group is a $22 billion business that makes industrial and domestic attachments and owns a chair of appliance supermarkets. […]
