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.
From our agony aunt’s mailbag: Dear Alma, This happens every year. Beginning of December, the principal bassoon asks where I’m gonna be for Christmas. At home, I say. Alone? he checks. When I nod he says, […]
Let’s see it try the Elgar concerto. Watch here. The post Watch: Robot plays cello solo with orchestra appeared first on Slippedisc.
Cardiff University has cancelled plans to abolish teaching of music and modern languages. Vice Chancellor Wendy Larner said music would have ‘revised entry targets and content’ and modern language programmes would have ‘smaller cohorts.’ Face-saving […]
