Source: Benzinga

Spotify: Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now 'Part Of Our Toolbox' - Can Music Escape The Inflation Gauntlet?

Spotify defended its $11.99 subscription price on its Q1 earnings call and signaled that price hikes are now a strategic option, as the company eyes long-term revenue growth despite rising inflation and stiff competition from Apple and YouTube Music.read more

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Annual Revenue
$10-50B
Employees
5.0-10K
Daniel Ek's photo - Chairman & CEO of Spotify

Chairman & CEO

Daniel Ek

CEO Approval Rating

66/100

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