Music Streaming Service Spotify's Results Are Not Like Net Flop

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Minputin is obviously getting more and more aggressive. And yesterday he threatened any countries who helped ukrane with some kind of response. To cut off energy to europe is basically the biggest economic weapon russia can deploy, and he's played it. They really, really want the western countris, europe in particular, to think twice about helping ukran. The music streaming service spotify used to compare itself to net flick back when the streaming business model was hot. As net flick loses subscribers and its stock price plummets, spotify is taking a tack.

EU leaders accused Moscow of “blackmail” over gas exports, and Spotify tries to distance itself from Netflix after reporting decent quarterly earnings. Plus, the FT’s Owen Walker explains how Credit Suisse shakes up its top executives to shake off mega scandals.

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Mentioned in this podcast:

European gas prices soar after Gazprom halts supplies to Poland and Bulgaria

Spotify chief distances music streaming group from Netflix

Credit Suisse overhauls top executive team

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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