GaiaLens’ Post

📈 Spotify is on track for its first profitable year in 2024, with strong subscriber growth driving momentum. 💰 After years of red, profits are projected to turn green, showcasing the platform’s scaling success. 🎵 Subscriber base surpassing 250M highlights Spotify’s growing global dominance in music streaming. #Spotify #Profitability #SubscriberGrowth #MusicStreaming #BusinessTrends #DataVisualization

🌟 Our latest Connected Consumer Report is now live! Dive into the comprehensive media landscape of Vietnam's consumers in Q1 2024. Explore insights that can drive your business forward. Click here to read more: https://lnkd.in/gwGNySvE #ConsumerInsights #MarketResearch #Vietnam

🎧 Spotify is back with a BANG After experiencing a decline in usage during the previous quarter, the music streaming industry is witnessing a resurgence. YouTube continues to lead the market, but Spotify is making a significant recovery. Spotify is the only music streaming service in Vietnam seeing major growth across all generations on a quarter-over-quarter basis. So while YouTube may still reign supreme, Spotify is proving they're a force to be reckoned with in the music streaming game. 👉 Is this a signal for brands to invest more in audio ads? #ConnectedConsumer #Q12024 #Spotify #musicstreaming #Vietnam

What's New to TheStreet... 🎶 Spotify Keeps the Profit Tune Humming 🎶 Spotify flexes its pricing power and keeps costs down, showing strong profitability in the music streaming industry. 📈🎧 How do you think Spotify's strategy will impact its future growth? 👉🏻Follow New To The Street for more! #spotify #musicstreaming #profitability #businessstrategy #musicindustry #growth #innovation #technews #businessnews #business #news #newtothestreet

What's New to TheStreet... 🎶 Spotify Keeps the Profit Tune Humming 🎶 Spotify flexes its pricing power and keeps costs down, showing strong profitability in the music streaming industry. 📈🎧 How do you think Spotify's strategy will impact its future growth? 👉🏻Follow New To The Street for more! #spotify #musicstreaming #profitability #businessstrategy #musicindustry #growth #innovation #technews #businessnews #business #news #newtothestreet

Behind the Music: Spotify Winning Strategy 🎶 Discover how Spotify uses personalization and data to stay ahead in the music streaming game. Tune in for a deep dive into the strategies that drive their massive success! #SpotifyStrategy #MarketingTips #DataInMarketing

Recent reports show that streaming subscriber growth in mature markets like the US and Europe is slowing down, affecting the stock prices of major labels like Universal Music Group. But what does this mean for your streaming royalties? According to Disc Makers CEO Tony van Veen, independent artists might actually benefit from this trend! In today’s video, Tony breaks down: • The difference between major label economics and independent artists • Why your streaming success isn’t tied to the overall market growth • How slowing subscription growth could lead to more revenue for you • Steps you can take to keep growing your streams If your music is on Spotify or other streaming platforms, you need to watch this! #indiemusic #musicbusiness #musiclife #indiemusician #musicbiz #discmakers #spotify #newrelease

From humble beginnings to worldwide sensation: Explore the untold story of Spotify's rise in our cover article, 'From Garage to Global Stage: The Spotify Saga Unveiled.' 🌍🚀 Join us as we delve into the evolution of a music streaming giant, from its inception in a garage to dominating the global stage. #SpotifySaga #businessmatters #mkcircle #spotify @bizmattersmag

What's New to TheStreet... 🎶TikTok to Shut Down Music-Streaming Service🎧📱 TikTok’s short-lived venture into music streaming is coming to an end. After a yearlong effort to compete with Spotify and Apple, the service will officially go offline in November. While the platform remains a powerhouse in short-form content, its streaming ambitions didn’t hit the same high note. 🎵❌ What do you think about this move? Share below!💬⬇️ 👉🏻Follow New To The Street for more! #tiktok #musicstreaming #streamingservice #technews #spotify #applemusic #innovation #businessupdate #businessnews #business #news #newtothestreet

I wonder whether YouTube should be overlooked in surveys on audio streaming platforms. In my observation, YouTube is categorised as a video platform but it's also one of the most popular sources for music streaming. With YouTube Premium, we don't need to keep the app open and can listen to it like any other audio streaming platform. While it doesn't curate playlists for me like other music platforms—which is highly important to many—I and my peers don't mind that. In fact, when we pay for YouTube Premium, we get to listen to music without keeping the app open and also stream videos without ads, so paying separately for other platforms seems wasteful. I do understand how having curated playlists and recommendations makes the purchase necessary. I can say that's one of the reasons why Spotify gained the popularity. Still super curious to know how many people use YouTube to listen to music. #MusicStreaming #YouTubePremium #MarketInsights