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 Bavarian and German federal governments have imposed Matthias Rädel as General Manager of the Bayreuth Festival. He will oversee all financial and administrative matters, freeing Katharina Wagner to focus entirely on the artistic side. […]
Colin Jacobsen was never going to be rank and file. At an early age he founded the the string quartet Brooklyn Rider and the collaborative orchestra The Knights, which he co-leads with his cellist brother […]
Here is a 10th Anniversary Special Edition of Philip Glass Selected Etudes performed by the pianist and composer, Giusto Di Lallo. This is interesting, as it presents a musicological, methodical approach to Glass’ music. Di Lallo poses a question to […]
