Why Spotify's Megadeals Led To Major Losses

Spotify's podcast business, despite signing exclusive deals with famous individuals, is facing significant challenges.

Spotify's Library

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Low Profitability

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High-Profile Deals

[{"selector":"#anim-784862f9-0a16-406e-87b9-5c70b927688b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9654e4c4-88ea-4244-9217-d22566006d8b","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] High-profile deals with Harry and Meghan, Kim Kardashian, and the Obamas have ended with substantial net losses for the company. High-profile deals with Harry and Meghan, Kim Kardashian, and the Obamas have ended with substantial net losses for the company.

Company Valuation

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Investment Year

[{"selector":"#anim-9ae073da-0b5b-467e-ba4f-e25b1b9d0dea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d82057ae-21b8-41b7-bb65-b51dcdcaa151","keyframes":{"transform":["translate3d(-108.85714%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Spotify CFO, Paul Vogel, stated that 2022 was an investment year for the company's podcast division, with plans to reduce operating expenses in 2023. Spotify CFO, Paul Vogel, stated that 2022 was an investment year for the company's podcast division, with plans to reduce operating expenses in 2023.

Stock Prices

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Future Plans

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