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Spotify turns a profit as earnings and revenue beat estimates
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.
Fortune
Apple may strike a historic deal with FIFA—and give a major boost to its streaming service
The race to secure rights for live sports is heating up.
Benzinga
Spotify's First Quarter Tells A Story Of Record Profit And An Epic Win
After a year with of layoffs and activist attention that triggered many changes, Spotify Technology S.A. (NYSE: SPOT) managed to surpass both top and bottom estimates. Moreover, the streaming giant reported record first quarter earnings as the result of efficient cost-cutting initiatives that also brought significant margin improvements. First Quarter Financials Shows That A Shift In Focus Paid Off For the quarter ended in March, Spotify reported revenue rise 20% YoY to 3.64 billion euros, surpa