AIQuartzabout 2 hours ago
Spotify Forecasts Higher AI-Driven Profits
2 min read
Spotify forecasts fourth-quarter operating income of €820 million, beating analyst expectations of €813.4 million. The company attributes this growth to AI features like AI DJ and text-to-playlist tools. Premium subscribers are projected to rise by 10 million to 316 million, while monthly active users increase by 30 million to 818 million.
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