Peter Kafka

@pkafka ↗

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Last Checked June 12, 2020

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Wed Jul 31 11:12:50 +0000 2019

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Peter Kafka @pkafka

CFO Barry McCarthy says Spotify's growth isn't being hurt by rise of Amazon, which is reporting a big spike in music subs. Says Alexa/connected speaker users use multiple services (a la his old company Netflix, which grew alongside HBO) — PolitiTweet.org

Posted July 31, 2019 Hibernated

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Peter Kafka @pkafka

News from Sweden: Spotify's Q2 revenue was up 31%, to $1.85 billion. They now have 108 million paying subscribers, a little less than they hoped for. Spotify says they screwed up a student promotion this summer, and can fix that. — PolitiTweet.org

Posted July 31, 2019 Hibernated

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Peter Kafka @pkafka

Spotify also says it has renewed two of the four big label deals; won't say which labels. Assuming it is not with Universal Music, the world's biggest label. — PolitiTweet.org

Posted July 31, 2019 Hibernated