We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Spotify provides subscribers as music lovers tune out Trump tariff ‘noise’
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Spotify provides subscribers as music lovers tune out Trump tariff ‘noise’
The Tycoon Herald > Economy > Spotify provides subscribers as music lovers tune out Trump tariff ‘noise’
Economy

Spotify provides subscribers as music lovers tune out Trump tariff ‘noise’

Tycoon Herald
By Tycoon Herald 3 Min Read Published April 30, 2025
Share
SHARE

Unlock the Editor’s Digest without cost

Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.

Spotify added 5mn paying subscribers within the first three months of the yr, at the same time as chief govt Daniel Ek warned in regards to the “short-term noise” round US President Donald Trump’s tariffs.

The music-streaming group reached 268mn paying subscribers within the quarter ending March 31, larger than Spotify’s steerage for 265mn. The efficiency was Spotify’s strongest first-quarter subscriber progress since 2020.

“The short term may bring some noise, but we remain confident in the long-term story,” mentioned Ek, including that Spotify’s free model would supply listeners “the flexibility to stay with us even when things feel more uncertain”.

However shares within the firm fell virtually 8 per cent in pre-market commerce on Tuesday, as traders digested its forecasts for the yr. Spotify mentioned it anticipated month-to-month lively customers of 689mn within the second quarter, beneath the 693mn that analysts had forecast, in line with Seen Alpha.

Spotify’s inventory has greater than doubled up to now yr, as Wall Avenue rewarded the group for a cost-cutting push that resulted in its first-ever full-year of revenue in 2024.

Music-streaming providers are usually not affected by Trump’s tariffs, and analysts say that Spotify is comparatively shielded from an financial downturn. The group made €225mn in internet earnings on €4.2bn in income in the course of the quarter.

Within the US, Spotify prices $12 a month, in contrast with $10 a month when the streamer launched within the nation greater than a decade in the past. Spotify was making ready to lift costs in dozens of nations throughout Europe and Latin America this summer time, the Monetary Occasions reported final week. 

Really helpful

Spotify chief executive Daniel Ek

TD Cowen analyst Doug Creutz mentioned Spotify nonetheless provided good worth for shoppers relative to “other entertainment options” and can be “unlikely to see meaningful increases in [cancellations] even if the economy goes into recession”.

“People also have important emotional connections to music that become more important during times of stress,” Creutz added.  

Nevertheless, analysts count on {that a} recession would dent Spotify’s promoting income, which makes up about 10 per cent of the entire. Spotify’s first-quarter promoting income climbed 8 per cent from a yr in the past, to €419mn.

You Might Also Like

FirstFT: US expects China to delay uncommon earth export controls

FirstFT: EU leaders stall Ukraine mortgage utilizing frozen Russian property

Buyers wager on Argentine peso devaluation after weekend elections

The worldwide struggle over monetary stability

What if monetary literacy might enhance GDP?

TAGGED:AddsloversMusicnoiseSpotifysubscriberstariffTrumpTune
Share This Article
Facebook Twitter Email Copy Link Print
Cam Skattebo: New York Giants operating again suffers critical ankle harm in opposition to Philadelphia Eagles
Sports

Cam Skattebo: New York Giants operating again suffers critical ankle harm in opposition to Philadelphia Eagles

New York Giants operating again Cam Skattebo left Sunday's sport in opposition to Philadelphia with a critical ankle harm that might value him the remainder of his rookie season. Skattebo wanted…

By Tycoon Herald 2 Min Read
Adrian Peterson Arrested For DWI, Illegal Possession of a Weapon in Texas
October 26, 2025
Pat Cummins: Australia captain dominated out of first Ashes Check in opposition to England
October 26, 2025
Connecticut Man Allegedly Murders Mom, Sports activities Scratched Face in Mug Shot
October 26, 2025
FirstFT: US expects China to delay uncommon earth export controls
October 26, 2025

You Might Also Like

How Beijing’s collateral play can rattle the creditor-borrower stability
Economy

How Beijing’s collateral play can rattle the creditor-borrower stability

By Tycoon Herald 8 Min Read
IMF warns US should sort out its yawning deficit
Economy

IMF warns US should sort out its yawning deficit

By Tycoon Herald 4 Min Read
It’s CPI day — the place’s CPI?
Economy

It’s CPI day — the place’s CPI?

By Tycoon Herald 6 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Leadership

Our Purpose At Work Disappears As Suppression Prevails

Our Purpose At Work Disappears As Suppression Prevails Glenn Llopis Group (GLLG) If the daily conversations…

By Tycoon Herald
Sports

Indy 500: Workforce Penske hearth staff president, basic supervisor and managing director in wake of dishonest scandal

Roger Penske has fired staff president Tim Cindric, IndyCar managing director Ron Ruzewski and IndyCar basic…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?