How They Make Money

How They Make Money

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How They Make Money
How They Make Money
šŸŽ§ Spotify: Let the music play
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šŸŽ§ Spotify: Let the music play

Can high retention and advertising save razor-thin unit economics?

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App Economy Insights
Nov 09, 2022
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How They Make Money
How They Make Money
šŸŽ§ Spotify: Let the music play
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Hello there! šŸ‘‹

Greetings from San Francisco!

Welcome to the thousands of new members who have joined us this week!

This article is exclusive to paid subscribers.

The newsletter launched a few weeks ago, but there are already hundreds of paid subscribers like you. I’m so grateful for your support! Your contribution will help me expand the team to deliver more content to this community.

Spotify (SPOT) recently reported its Q3 FY22 earnings report.

Today, we’ll cover the following:

  1. Spotify Q3 FY22.

  2. Recent business highlights.

  3. Key quotes from the earnings call.

  4. What to watch looking forward.


green and black plastic tool
Photo by Alexander Shatov on Unsplash

Spotify is a Sweden-based audio streaming company founded in 2006 by Daniel Ek and Martin Lorentzon. It has become the largest music platform in the world.

The company has transformed the music industry by moving from a ā€œtransaction-basedā€ experience of buying and owning music to an ā€œaccess-basedā€ model to stream music on demand.

They are now investing in podcasts and other audio content to complement the music library and become a media/discovery platform.

Before we start, let’s discuss how Spotify makes money.

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