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LIVE MUSIC INDUSTRY NEWS: Festival Promoter of the Year • Kennedy Center in crisis • May returns to Capital • More
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Spotify Q4 hits records, will ‘double down on music’ in 2025
Spotify Q4 2024 earnings were announced Tuesday, ending its first year of profitability strong across most key metrics. During the earnings call, CEO Daniel Ek promised to “double down on music” after years of expansion in other audio and video categories and to accelerate new product releases.