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Spotify's new TikTok dance unlikely to immediately boost financials, analyst says. But others see profits — and price hikes — ahead

Por: MarketWatch Business March 10, 2023

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“Our goal is not to steal time,” Gustav Soderstrom, Spotify’s chief product and technology officer, said at the presentation. “It is to help users save time.” Raymond James analysts, in a research note on Thursday, said the revamp wouldn’t immediately boost financials for the company, which is still losing money. But they said the new features could strengthen its influence overall. “While likely not immediately accretive to the... + full article



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