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Spotify:Quarterly Results/2023 Q2: Difference between revisions
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* Spotify continues with its cost cutting measures: cut an additional 2% of employees in June, it has let high-profile podcast deals lapse, has done some internal reorganization, and is looking to sublease floors in its New York City office. | * Spotify continues with its cost cutting measures: cut an additional 2% of employees in June, it has let high-profile podcast deals lapse, has done some internal reorganization, and is looking to sublease floors in its New York City office. | ||
* The rumoured superpremium plan could have the potential to boost revenues, however there are not additional details about when it will be release and the price of this new plan. Spotify management has refuse to confirm the new development. | * The rumoured superpremium plan could have the potential to boost revenues, however there are not additional details about when it will be release and the price of this new plan. Spotify management has refuse to confirm the new development. | ||
* Goldman Sachs | * Goldman Sachs decreased the 2023 streaming revenue growth, but this one is still expected to be over 11% (previous 13%).<ref name=":0">https://www.investmentwiki.org/wiki/Music_Industry#2023</ref> | ||
* Goldman Sach has forcasted that streaming music sites will increase prices 3% per year for the next seven years, and that the new development of premium plan for super fans will boost monetazation too. <ref name=":0" /> | |||
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