{"id":169838,"date":"2021-02-03T19:36:16","date_gmt":"2021-02-03T16:36:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/spotify-adds-subscribers-with-podcasts-push\/"},"modified":"2021-02-03T19:36:16","modified_gmt":"2021-02-03T16:36:16","slug":"spotify-adds-subscribers-with-podcasts-push","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/spotify-adds-subscribers-with-podcasts-push\/","title":{"rendered":"#Spotify adds subscribers with podcasts push"},"content":{"rendered":"

“#Spotify adds subscribers with podcasts push<\/strong>”
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Spotify added more users than expected at the end of last year as people stuck at home due to the coronavirus pandemic tuned in to streaming music and podcasts like \u201cThe Joe Rogan Experience,\u201d the company said on Wednesday. <\/p>\n

Despite the uptick, investors sent shares of the Swedish streamer down 9 percent after Chief Executive Officer Daniel Ek predicted a slower start to 2021. <\/p>\n

For the quarter that ended in December, Spotify logged 345 million total monthly users, topping the high end of its guidance and marking a 27 percent rise from the year-ago period. Subscribers who pay for the service without advertising, grew 155 million, up 24 percent from a year earlier. Spotify said it added a record 30 million sign ups for 2020.<\/p>\n

The uptick helped drive quarterly revenue 17 percent to $2.6 billion. The company posted a net loss of $150 million.<\/p>\n

Wall Street has been critical of Spotify\u2019s massive podcast push in the last year, but Ek touted the company\u2019s 2.2 million podcasts as central to the fourth-quarter growth. And he gave a shout out to exclusive podcasts, such as \u201cThe Joe Rogan Experience,\u201d as key to driving a \u201cmeaningful uptick in audience.\u201d<\/p>\n

Rogan\u2019s show was the top podcast on the platform in 17 markets, said Ek said, who also cited interest in the company\u2019s multi-year deal with Meghan Markle and Prince Harry\u00a0to host and produce <\/a>podcasts for Spotify, which resulted in a holiday special episode in December. <\/p>\n

Other US launches have included \u201cDare to Lead with Brene Brown,\u201d \u201c10 Songs that Made Me,\u201d \u201cThe Ringer Music Show,\u201d and \u201cThe Get Up Morning Show.\u201d<\/p>\n

Despite the strong subscriber growth, Ek said he remained cautious going into 2021 as the pandemic will continue to bring \u201cmore uncertainty than any normal year.\u201d <\/p>\n

As a result the company predicted minimal subscriber growth, which knocked the stock down nearly 9 percent in early trading. Spotify predicted total subscribers of between 354 million and 364 million in the first quarter, while paying subscribers are expected to reach between 155 million to 158 million.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Spotify adds subscribers with podcasts push” Spotify added more users than expected at the end of last year as people stuck at home due to the coronavirus pandemic tuned in to streaming music and podcasts like \u201cThe Joe Rogan Experience,\u201d the company said on Wednesday. Despite the uptick, investors sent shares of the Swedish streamer…<\/p>\n","protected":false},"author":1,"featured_media":169839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/02\/Joe_Rogan.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[91889,70237,72359,77639,23498,23504],"class_list":["post-169838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-3-21","tag-corporate-earnings","tag-joe-rogan","tag-music-streaming","tag-podcasts","tag-spotify"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/169838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=169838"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/169838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/169839"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=169838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=169838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=169838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}