Latest news with #SpotifyPartnerProgram
CNBC
20-05-2025
- Business
- CNBC
Spotify is gearing up for a move to fresh record highs, according to the charts
We last wrote about Spotify on Oct. 22 just before the stock broke to all-time highs. SPOT is higher by about 75% since then, and we see the technicals and fundamentals of the stock as constructive. We're gearing up to add to our position here. In October, we observed the chart consolidating below the 2021 highs of $389, anticipating a move to record levels. Last year was significant for the company. as it swung from a GAAP four-quarter loss in the prior year to a profit. Looking ahead to 2026, analysts are looking for 85.66% growth to $10.57 per share. Despite the broader market volatility in 2025 from tariffs and a credit downgrade, SPOT continues to show incredible relative strength and is simply consolidating at the range highs around $660. We are targeting a move to Fibonacci projection resistance shown in blue at $860 in 2025. Moving down to the daily chart, we see price action in 2025 that includes two volatile drops below $500. However, the buyers snapped up this name pushing right back towards all-time highs amid the bumpy and volatile trade of the year. First-quarter results missed analyst expectations, but a dive into the quarterly financials show the miss was driven by greater expenses tied to payroll taxes associated with employee salaries and benefits. The results were also impacted by a shift in the timing of equity grants from Q1 to Q2. These are likely to have a temporary impact on the bottom line — while the long-term growth story streams ahead. This indicates there is an underlying strength to the company, despite the 62 times 2025 earnings valuation ($660 / $10.57 GAAP) earnings. Looking out to 2026, however the valuation is a bit more reasonable at 50 times earnings for a company that is consistently growing top line revenues — and is maximizing bottom line earnings by efficiently using capital. In Q1, Spotify demonstrated improved margins generating $534 million in free cash flow, 158% Y/Y growth, and 17.7% return on invested capital (ROIC). At the heart of this growth story is a steady increase in monthly active users, as well as investment in AI-driven features to power individualized content for users. At the end of 2024, Spotify launched its Spotify Partner Program to incentive creators to come to the platform and share revenues aiming to compete with YouTube. Considering the major jump Spotify has with podcasts, I expect them to pursue this aggressively while Google is coming under attack from multiple angles. In our Active Opps portfolio, we hold a 5.12% allocation. After publishing this article I'm going to increase the holding up to around 7% of the portfolio. -Todd Gordon, founder of Inside Edge Capital, LLC DISCLOSURES: Gordon owns SPOT personally and in his wealth management company Inside Edge Capital. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Yahoo
28-04-2025
- Business
- Yahoo
Spotify takes on YouTube by paying podcasters for video views
So far in 2025, Spotify has paid podcasters more than $100 million, a big payout for creators. Spotify first shared that figure with The New York Times Deal Book, which says the funds have two purposes: to give podcasters a new way to monetize content and to lure both creators and audiences away from YouTube, which dominates video podcasting. The company first announced its new Spotify Partner Program in November 2024, promising creators "audience-driven payouts" from ads and premium subscribers. At the same time, Spotify also revealed that some subscribers would be able to watch video content "uninterrupted by ads." Now, we know how much more some popular podcasters are earning. In a press release, Spotify said "total earnings for participating creators [increased] 23% month-over-month from January to February, and 29% month-over-month from February to March." "Ultimately, Spotify is committed to building a sustainable ecosystem where creators can thrive. This $100 million payout is just one step in that journey. We'll continue to invest in new tools, resources, and programs to support creators in all formats, and we're excited to see what the future holds for podcasting on Spotify," the company said in its press release. It makes sense that Spotify is paying up. Increasingly, people are more interested in watching their podcasts than they are in listening to them, which has a lot of users gravitating toward YouTube rather than Spotify. According to data from Edison Podcast Metrics, weekly podcast listeners are more likely to watch podcasts on YouTube (31 percent) than listen to them on Spotify (27 percent). The New York Times also reports that YouTube's podcasting audience (1 billion) dwarfs Spotify's (170 million). As podcasts shift to video, Spotify has somehow lost its grip on podcast listeners. However, it still hosts some of the most popular podcasts, including The Joe Rogan Experience, What Now? With Trevor Noah, and The Comment Section with Drew Afualo.
CNBC
28-04-2025
- Business
- CNBC
Spotify paid over $100 million to podcasts in the first quarter, including Joe Rogan, Alex Cooper and Theo Von
Spotify said Monday it paid more than $100 million to podcast publishers and podcasters worldwide in the first quarter of 2025. The figure includes all creators on the platform across all formats and agreements, including the platform's biggest fish, Joe Rogan, Alex Cooper and Theo Von, the company said. Rogan, host of "The Joe Rogan Experience," Cooper of "Call Her Daddy" and "This Past Weekend w/ Theo Von" were among the top podcasts on Spotify globally in 2024. Rogan and Cooper's exclusivity deals with Spotify have ended, and while Rogan signed a new Spotify deal last year worth up to $250 million, including revenue sharing and the ability to post on YouTube, Cooper inked a SiriusXM deal in August. Even when shows are no longer exclusive to Spotify, they are still uploaded to the platform and qualify for the Spotify Partner Program, which launched in January in the U.S., U.K., Canada and Australia. The program allows creators to earn revenue every time an ad monetized by Spotify plays in the episode, as well as revenue when Premium subscribers watch dynamic ads on videos. Competing platform Patreon said it paid out over $472 million to podcasters from over 6.7 million paid memberships in 2024. YouTube's payouts are massive by comparison but include more than just podcasts. The company said it paid $70 billion to creators between 2021 and 2024 with payouts rising each year, according to YouTube CEO Neal Mohan. Spotify reports first-quarter earnings on Tuesday.
Al Etihad
28-04-2025
- Business
- Al Etihad
Spotify pays $100 million to podcasters in first quarter
28 Apr 2025 19:19 Stockholm (AFP)Music streaming giant Spotify said on Monday it had paid out more than $100 million to creators of audio and video podcasts in the first quarter of 2025, marking the first time the platform has shared such Swedish company generated a revenue of 15.7 billion euros ($17.9 billion) last year."For the first time, we're revealing that Spotify paid out more than $100 million to podcast publishers and podcasters worldwide in the first quarter of 2025 alone," the company said in a statement."This figure reflects our deep commitment to the creator economy and underscores Spotify's position as a leading platform for audio and video creators alike," it payments include "ad-based revenue and revenue generated through the Spotify Partner Program, which launched earlier this year in select markets" and provides content creators with more ways to monetise their content, the streaming giant first began offering non-music audio and video content on its service in 2015. It has since accelerated its investment in podcasts in and in 2019 it acquired prominent podcast producer Gimlet Media. The Swedish platform is due to publish its earnings for the first quarter on Tuesday, having made its first annual net profit, 1.1 billion euros, in 2024.
Hindustan Times
28-04-2025
- Business
- Hindustan Times
Spotify pays more than $100 million to audio, video creators in Q2 of FY'25
Music streaming giant Spotify said Monday it had paid out more than $100 million to creators of audio and video podcasts in the first quarter of 2025, marking the first time the platform has shared such figures. The Swedish company generated a revenue of 15.7 billion euros ($17.9 billion) last year. "For the first time, we're revealing that Spotify paid out more than $100 million to podcast publishers and podcasters worldwide in the first quarter of 2025 alone," the company said in a statement. "This figure reflects our deep commitment to the creator economy and underscores Spotify's position as a leading platform for audio and video creators alike," it added. Spotify's payments include "ad-based revenue and revenue generated through the Spotify Partner Program, which launched earlier this year in select markets" and provides content creators with more ways to monetise their content, the streaming giant said. Spotify first began offering non-music audio and video content on its service in 2015. It has since accelerated its investment in podcasts in and in 2019 it acquired prominent podcast producer Gimlet Media. The Swedish platform is due to publish its earnings for the first quarter on Tuesday, having made its first annual net profit, 1.1 billion euros, in 2024.
