430 مليون يورو.. خسائر “سبوتيفاي” عملاق الموسيقى في 2022
430 مليون يورو.. خسائر “سبوتيفاي” عملاق الموسيقى في 2022
430 million euros.. Music giant Spotify’s losses in 2022
Follow up: Nayrouz mohamed
Swedish music giant Spotify announced In the streaming broadcast on Tuesday, the number of subscribers reached 205 million.
A number that exceeded the expectations of the platform, which has been incurring losses for years.
And the Swedish group that announced last
It will lay off 6% of its employees.
net loss of 430 million euros in 2022,
As a result, the losses in 2021 far exceeded (34 million euros).
Analysts had expected that Spotify would incur a loss of 441 million in 2022.
According to the company “Factset”, as reported by the French news agency.
The number of platform subscribers increased by 14% year on year
To reach 205 million subscribers, while the analysts
They expected this number to reach 202 million subscribers,
Driven by group with good growth
in various regions, particularly in Latin America.
Spotify indicated that the total number of users
including those browsing the free version,
It reached 489 million and is expected to exceed half a billion in 2023.
Although the Stockholm-based platform
Listed on the New York Stock Exchange, it made profits from time to time,
It has been incurring losses steadily for years, despite the significant growth in the number of subscribers
It outperforms its competitors such as Apple Music and Amazon.
The source: alain alekhbaria
