NYSE:SPOTEntertainment
Spotify (SPOT): Assessing Valuation as Price Hikes and New Features Target Growth and Profitability
If you’ve been watching Spotify Technology (SPOT) lately, you might have noticed some buzz around the company’s decision to raise premium subscription prices in select markets starting this September. Spotify is pairing these price increases with a slate of new features, including customizable track transitions, audiobooks, podcasts, and a new tier aimed at devoted music fans. The company is making a clear play for higher margins and deeper user engagement as it targets an ambitious goal of...