Spotify Stock Analysis 🎧🤓 August 2020

from HyperChange · host Gali

Spotify grew its premium user-base 27% in Q2, to 138M subscribers. Overall Monthly Active Users (MAUs), were up 29% to 299M. Revenue increased 13%, to €1.889B. I'm more bullish on Spotify than ever as the company pushes into original podcasting content, signing deals with creators like Joe Rogan, Michelle Obama and Kim Kardashian. My biggest insight from the Q2 conference call was that advertising revenue will grow dramatically with podcasting in the coming quarters.

Episode metadata supplied by the publisher feed · Published Aug 17, 2020

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Spotify Stock Analysis 🎧🤓 August 2020

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