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.
The Royal Welsh College of Music and Drama, having decided to shut its junior department, has agreed to a ‘consultation’. But without changing its strategy. We recognise the concerns that these proposals will cause the […]
The death has been announced of Russell Malone, a prodigious jazz guitarist who worked with many leading artists, latterly with Harry Connick Jr. and Diana Krall. The post Top guitarist dies, 60 appeared first on […]
Top news this morning on the French Riviera: Kazuki Yamada, Artistic and Musical Director of the Orchestre Philharmonique de Monte-Carlo, has recently informed the Conseil d’Administration, chaired by HRH the Princess of Hanover, of his […]
%20Graham%20Boulton.jpeg?w=160&resize=160,160&ssl=1 "Celebrating John Joubert at Royal Birmingham Conservatoire in advance of his 2027 centenary")
