In 2024, Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses, which helped the company swing to a €1.1B net income (Financial Times)
Financial Times: In 2024, Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses, which helped the company swing to a €1.1B net income — The Swedish music streaming service's size now gives it a durable advantage over rivals — Spotify has found its groove.
Financial Times:
In 2024, Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses, which helped the company swing to a €1.1B net income — The Swedish music streaming service's size now gives it a durable advantage over rivals — Spotify has found its groove.
