Spotify:Quarterly Results/2024 Q3: Difference between revisions

Spotify:Quarterly Results/2024 Q3 (view source)

17 bytes removed , 8 November 2024

6,294

edits

@@ Line 114: / Line 114: @@
 == Recent Analysts Opinions ==
-=== Spotify to see further expansion in gross margin<ref name=":0">https://seekingalpha.com/news/4153129-tiktok-shuttering-its-music-service-a-clear-positive-for-spotify-deutsche-bank#hasComeFromMpArticle=false</ref> ===
+=== Spotify to see further expansion in gross margin ===
 * Buy, $430->$440: Deutsche Bank said they room for Spotify's further margin expansion<ref>https://thefly.com/permalinks/entry.php/id4014641/SPOT-Spotify-price-target-raised-by--at-Deutsche-Bank-heres-why</ref>.
@@ Line 170: / Line 170: @@
 ==== TikTok to shut down its music streaming business ====
 * TikTok recently said it will shut down TikTok Music streaming business at the end of November 2024<ref>https://techcrunch.com/2024/09/24/bytedance-is-shutting-down-tiktok-music-globally/#:~:text=We%20will%20be%20closing%20TikTok,Music%20Business%20Development%2C%20TikTok%20said</ref>.
-* Deutsche Bank expects Spotify to absorb TikTok's  2-2.5 million subscribers<ref name=":0" />.
+* Deutsche Bank expects Spotify to absorb TikTok's  2-2.5 million subscribers<ref name=":0">https://seekingalpha.com/news/4153129-tiktok-shuttering-its-music-service-a-clear-positive-for-spotify-deutsche-bank#hasComeFromMpArticle=false</ref>.
 * In Q4, they expect 1.3M paid subscriber net add due to the shutdown.