0
Broadband

Spotify guidance disappoints, as YouTube prepares to step up the competition in music market

Thursday 29 March 2018 | 16:23 CET | Author: Tim Poulus | Background
Spotify has issued guidance for its Q1 and 2018 results, ahead of its stock market listing on 03 April. What's the outlook for the company, based on its financials and the growing competition? The gross margin is improving thanks to better licensing deals, but its scale is still insufficient to cover all the personnel costs. This is disappointing, coming just before the stock listing. Spotify will need to rely on organic growth, geographic expansion and platform innovation, as Apple and YouTube step up the competition. 

Thank you for visiting Telecompaper

The background article you want to read is available for International Plus and Premium subscribers.

But if you register below, we will send the article to your email address for free.

Register at Telecompaper

 

Buy International Plus or Premium subscription


Subscriptions

Already International Plus or Premium subscriber?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Google / Netflix / Spotify / YouTube
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Warner Music sells stake in Spotify

Published 08 Aug 2018 10:29 CET | World
Warner Music Group announced that it has sold its entire stake in Spotify, following the streaming company's IPO. Warner's ...

Spotify adds 8 mln paid subscribers in Q2, on track for FY growth of 30%

Published 26 Jul 2018 15:41 CET | World
Spotify ended the second quarter with 180 million active monthly users, up 30 percent from a year earlier and 10 million more ...

YouTube launches subscription music service, renames Red YouTube Premium

Published 17 May 2018 08:35 CET | World
YouTube announced the expansion of its ad-free subscription service to new countries as well as a new dedicated music platform. ...

Spotify grows to 170 mln users in Q1, revenues up 26%

Published 03 May 2018 08:29 CET | World
Spotify ended the first quarter with a total of 170 million monthly active users, up 30 percent from a year earlier. Ad-supported ...

Spotify acquires Loudr

Published 13 Apr 2018 15:11 CET | World
Streaming-music specialist Spotify welcomed Loudr in the Spotify family. The newly acquired company was founded in 2013 to build ...

Worldwide IT spending to grow 6.2% in 2018

Published 10 Apr 2018 16:37 CET | World
Worldwide IT spending is projected to increase 6.2 percent year-on-year to USD 3.7 trillion in 2018, according to a forecast by ...

Zweden tonen interesse in aandeel Spotify

Published 04 Apr 2018 14:52 CET | Sweden
Het Zweedse consultancybedrijf Mediavision meldt dat 14 procent van de Zweden zou willen investeren in streaming muziekdienst ...

Swedish interest in Spotify shares reflects uptake of subscriptions

Published 04 Apr 2018 13:07 CET | Sweden
Swedish consultancy Mediavision said 14 percent of Swedes are interested in investing in the newly listed Spotify share, ...

Spotify shares close higher in first day of trading, Sony reduces stake

Published 04 Apr 2018 09:35 CET | World
Spotify's shares gained nearly 13 percent from the reference price in its first day of trading in New York. The closing price of ...

Telia sells Spotify stake with 2.4x return on purchase price

Published 30 Mar 2018 12:29 CET | World
Telia Company said that it has gradually divested its entire holding in Spotify to institutional investors for USD 272 million or ...

Spotify geeft teleurstellende guidance, terwijl YouTube in de startblokken staat met een nieuwe muziekdienst

Published 28 Mar 2018 19:15 CET | World
Spotify heeft guidance gegeven voor het eerste kwartaal en voor geheel 2018. De beursgang volgt op 3 april. Hoe liggen de kansen, ...

Spotify forecasts at least 30% growth in subscribers in 2018

Published 26 Mar 2018 16:26 CET | World
Spotify has released a financial outlook for Q1 and 2018, ahead of its listing on the stock market in early April. The company ...

Spotify stock listing: still not self-financing, but prospects appear good

Published 15 Mar 2018 12:37 CET | World
Spotify is expected to list on the stock market in the first week of April, through a direct listing. That means no new shares ...

Spotify launches in Israel, Romania, South Africa and Vietnam

Published 13 Mar 2018 10:15 CET | Israel
Music streaming service Spotify has launched in Israel, Romania, South Africa and Vietnam. This takes the company to 65 markets ...

Apple Music grows to 38 mln paid subscribers

Published 13 Mar 2018 08:53 CET | World
Apple Music has reached 38 million paid subscribers, up from 36 million in February. Eddy Cue, senior vice president of internet ...

Spotify files for IPO in New York

Published 01 Mar 2018 09:50 CET | World
With a private listing, there is no price given before, as shares simply start trading on day one. The company did give trading ...

YouTube to debut new streaming music service in March - report

Published 08 Dec 2017 08:43 CET | World
YouTube is developing a new paid music service it hopes to introduce in March, Bloomberg reported. Sources familiar with the ...





Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
22 Aug Vocus FY results
22 Aug Sky NZ FY results
22 Aug Sunrise Q2 2019
22 Aug VMware fiscal Q2
22 Aug China Telecom H1 2019
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug Tele Columbus Q2 2019
29 Aug Dell Technologies fiscal Q2
29 Aug Bouygues Telecom Q2 2019
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Tech Data fiscal Q2
29 Aug Marvell Technology fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
::: More Calendar Items