Topic

SPOT

A collection of 12 issues

Spotify 1Q'26: Recalibrating Expectations

I didn’t realize until yesterday that Spotify is actually currently approaching its second worst drawdown since becoming a public company as the stock has experienced a drawdown of ~44% so far from its peak in June, 2025! At the same time, now that I have been following this company

Spotify's Teachable Moments

Spotify launched its premium subscription plan back in 2009 and it took them nearly a decade to reach the milestone of 100 million premium subscribers back in 1Q’19. It took them 16 quarters to add the next 100 million premium subscribers. As they are set to reach 300 million

Music's AI Mess: Part 2

Just as I have highlighted in Music’s AI Mess, people seem to find it very hard to differentiate between AI-generated music and human-made music. Deezer/Ipsos recently did a survey in which they asked people to listen to three tracks and determine whether or not they were fully AI-generated.

Music's AI mess

Most of you may not have heard about Xania Monet, but “she” created a bit of a stir in the music industry last month when Hallwood Media, an independent music label company, signed a $3 million deal with her as her new track “How Was I Supposed To Know” reached

Spotify 4Q'23 Update

While not exactly Meta-like twists and turns, Spotify’s rise from the ashes of late 2022 perhaps slipped through many investors’ mind. The stock was at ~$70 in December, 2022. Today, it closed at $232. Before I get to my highlights from today’s call, let me first mention that

Spotify 3Q'23 Update

Disclosure: I own shares of Spotify We walked into 2023 thinking we would do just over 20 million in net subscriber adds for the full year, but we're actually on track to deliver 30 million, which is a significant beat from where we thought we would be. I’

Spotify 2Q'23 Earnings Update

Disclosure: I own shares of Spotify Spotify stock has been one of the “winners” in 2023. A week ago, its YTD was +130%. With Generative AI, price increases, and potential margin improvement speculations, the stock crumbled after today’s earnings as it mostly appears to be very much “work-in-progress” story,

Spotify 1Q'23 Earnings Update

Disclosure: I own shares of Spotify Over the last 6 months, Spotify stock has doubled. The business, however, remains largely work-in-progress with users accelerating but operating efficiency yet to reflect in the financials. Here are my notes from today’s earnings. Subscribe Users Spotify experienced its largest two MAU growth

Spotify 4Q'22 Earnings Update

Subscribe Disclosure: I own shares of Spotify we're in a better position competitively than we've been in many, many years. For throughout the existence of Spotify, we have always heard of competitors, and it was always the sort of big scary wolf, whether it was Apple

Spotify 3Q'22 Earnings Update

Subscribe Disclosure: I own shares of Spotify "...I suspect many of you think Spotify is a great product, yet at the same time, you may also think that we're a bad business or at least a business with bad margins for the foreseeable future." Daniel Ek