AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Spotify's Q4 2022 Earnings
Spotify became the first music streaming service to pass 200 million paid subscribers, and it's closing in on 500 million monthly users. Revenues from subscriptions and ads were both up double digits year over year as well. But at the same time, those numbers weren't enough to stave off last week's layoffs, which saw Spotify cut 6% of its staff.