Spotify Hits 300 Million Subscribers, But Shares Drop on Soft Outlook
Spotify forecasts weaker Q3 profit and slower user growth in North America and Europe, sending shares lower despite solid second-quarter results.
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UMG Rejects Bill Ackman’s $65 Billion Takeover Bid – Music Giant Stays Independent
Universal Music Group rejected Bill Ackman’s $65B takeover offer, saying it undervalues the company and they plan to keep growing.
Spotify’s Next Chapter: How the Company Plans to Reach 1 Billion Subscribers and $100 Billion in Revenue
Spotify Co-CEOs shared key updates at Investor Day 2026, including their “Large Taste Model” AI strategy, new higher-ARPU products, and long-term goals for 1 billion subscribers and $100 billion in revenue.
Spotify Q1 2026 Earnings Beat Expectations — But Q2 Outlook Misses Wall Street Estimates
Spotify had strong Q1 2026 results but warned Q2 growth will slow and miss forecasts, sending shares down about 9%.
Bill Ackman Makes Bold €55 Billion Bid to Buy Universal Music Group
Bill Ackman offers $64B to buy Universal Music, shifting it to NY, aiming to fix issues, boost value, and back artists/tech.
Spotify Beats Expectations with Record User Growth in Q4 2025
Spotify adds 38M users in Q4 2025, beating forecasts. Stock jumps 10% as new co-CEOs deliver strong earnings, higher margins, and optimistic Q1 outlook despite slowing revenue growth.