NYSE:SPOT
Spotify Technology S.A.
(NYSE:SPOT)
75.14
-3.17
(-4.05%)
As of 2022-12-06 Close (EST)
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SKAW • Duke Emerging Market Portfolio Management (Fall 2022) • Oct 2022
Spotify has recently been investing in podcasts which has generated a ton of revenue thus far. They brought in about $215M in revenue from podcasts in 2021. According to the chief content and advertising officer, podcasts are expected to be a $20B opportunity for Spotify. The company recently bought Joe Rogan’s podcast for $200M. Their CFO, Alex Norström recently pointed to Spotify's growth in 'emerging markets' as a key driver in reaching 1 billion global users.
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dwhitman1 • Boone - Economics-Honors-Spring 2022 • Feb 2022
Closing position
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