Epic Games’ Private Market Value Slides as Fortnite Struggles to Deliver its Next Growth Spurt
Epic Games is one of the biggest names in gaming, but its private market shares are telling a more cautious story.
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Spotify says AI music launch won't require every major label deal, as it expands partnership with Merlin for fan-made covers and remixes.
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Epic Games is one of the biggest names in gaming, but its private market shares are telling a more cautious story.
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Spotify reported 15% year-over-year growth in Premium revenues to €4.33B, driven by 9% subscriber growth and 7% ARPU increases from price hikes. Ad-Supported revenues grew only 1% despite improvements in podcast sponsorships, with music advertising facing pricing pressure. The company's focused strategy on subscriber and monetization gains positions it competitively against Apple and Amazon in the streaming market.