Google, YouTube Help Users Avoid Paying For Spotify

Spotify says about 2 mln users blocked ads without paying

Spotify says about 2 mln users blocked ads without paying

Music streaming service Spotify is gearing up for its direct listing launch on the New York Stock Exchange next Tuesday, April 3.

Interestingly enough, Spotify's definition of what constitutes a premium subscriber includes all users who happen to fall under a single family plan.

Spotify Technology SA said on Friday it uncovered 2 million users of its free service who had blocked advertising without paying, highlighting a potential revenue risk for the soon-to-be public company.

This should take quarterly revenues 22-27 percent higher, to Euro 1.10-1.15 billion in Q1, as negative currency effects dampen the subscriber growth.

Spotify may have had a multi-year head start on Apple Music, but Apple's own streaming service appears to be growing at a faster rate these days.

"Spotify has chosen a very unorthodox route to go public", he said.

Trump calls for rules change to pass border legislation
Matthew Wright, a government professor at American University in Washington, called Trump's tweets "not connected to reality". The Department of Homeland Security and White House did not immediately respond to requests for comment.

We already knew that Spotify was trying to guide public attention to its platform growth rather than profits, as it looks to out-maneuver rivals such as Apple and Google.

The company has today also issued guidance for the first quarter of 2018 (ie. the three months up to end of March) which you can see below.

The hack that customers have actually been capitalizing on entails downloading and install doctored Spotify set up documents (referred to as an APK), sideloading that into an Android application, as well as visiting with a reputable (however cost-free) Spotify account.

It's unfortunate for Spotify, which offers two main tiers to choose from-a free music listening experience that is supported by advertising, and a subscription service that lets users listen to music without any ads interrupting the party.

Its operating loss was expected to come in between 230 and 330 million euros, down from 378 million in 2017. The company wants to reach 198 to 208 million active users by the end of the year. That's a huge increase on the 25 percent figure of early 2015.

Gross margins for the first quarter are expected to rise to around 23-24 per cent from 21 per cent for previous year as a whole and possibly reach 23-25 per cent in 2018 overall. If the numbers were not as significant, it might have been negligible; but at 2 million users, this level of data error could undermine investor's trust for the company's data and integrity, causing stock prices to drop. However, this is well below its long-term target of 30-35%.

Recommended News

  • Chevy Spark gets a facelift

    Chevy Spark gets a facelift

    Cars are important part of today's industry retail and fleet markets, and represent a quarter of the industry's retail market. The 2019 Spark gets a slight facelift that includes the addition of more chrome in the grille to give it a more upscale look.
    White House approves $1.3B artillery sale to Saudi Arabia

    White House approves $1.3B artillery sale to Saudi Arabia

    Trump lauded the Saudis military prowess, noting the country's defense coffers could be a boon for American weapon-makers. Israeli newspaper Haaretz, reporting on the comments, said Saudi Arabia does not officially recognize Israel.
    McGregor charged with assault after New York rampage

    McGregor charged with assault after New York rampage

    Lightweight Michael Chiesa received several facial cuts, while flyweight Ray Borg suffered an eye injury . He did, however, fight, and lose to, Floyd Mayweather in a money-spinning boxing match in August 2017.
  • De Bruyne grateful for Silva as City pair achieve gold standard

    De Bruyne grateful for Silva as City pair achieve gold standard

    He helps us a lot. "If they go through and they deserve it, that's the way it goes". I think he is up there with ( Harry) Kane , me and David (Silva).
    PM Abbasi arrives in Kabul to discuss bilateral issues

    PM Abbasi arrives in Kabul to discuss bilateral issues

    They have chose to operationalize the five working groups under "Afghanistan Pakistan Action Plan for Peace and Solidarity". Foreign office on Thursday in a statement said that the visit aimed at reducing mistrust between the two neighbours.
    The Nike Sneakers of the NCAA Men's Basketball Champion Villanova Wildcats

    The Nike Sneakers of the NCAA Men's Basketball Champion Villanova Wildcats

    That strategy overall has paid dividends: It's the best offensive team head coach Jay Wright - now with two titles - has had. The Wolverines were in the national championship game for the second time in six seasons.
  • Trump Weighs Additional $100 Billion Tariffs on Chinese Imports

    Trump Weighs Additional $100 Billion Tariffs on Chinese Imports

    Trump said falling aluminium prices was proof his get-tough trade policies are working in a Twitter message this morning. The tariffs have stirred fears that the two countries will spiral into a trade war that will crush global growth.
    'My motivation is to finish second': Mourinho admits to Manchester City superiority

    'My motivation is to finish second': Mourinho admits to Manchester City superiority

    He is a guy who is never injured and a guy who always wants to play and has more energy to keep going. Guardiola said: "It will be so hard next Tuesday but we are going to try".
    'False news' promos put Sinclair in spotlight

    'False news' promos put Sinclair in spotlight

    In exchange, Sinclair would broadcast their Trump interviews across the country without commentary, Kushner said. But this outing of Sinclair doesn't harm democracy; it's good for it.
  • 6 arrested after robbery on Near North Side

    6 arrested after robbery on Near North Side

    The two juveniles were transported to the Kane County Juvenile Justice Center; Fulton was transported to the DeKalb County Jail. Then the suspects allegedly pulled the victim from the vehicle, and threw her wallet and shoes at her before speeding away.
    United States  versus China trade war

    United States versus China trade war

    Denise Bode, a tax and trade expert at a Washington law firm, said a full-blown trade war is possible but it is more likely Mr. The following day, the USA proposed a 25 percent tax on 1,300 more Chinese goods , including aerospace and medical equipment.
    Wall Street recovers from sharp losses sparked by China tariffs

    Wall Street recovers from sharp losses sparked by China tariffs

    It's too early to call this a trade war , but it seems investors aren't going to stick around to find out if it turns into one. The Shanghai Composite Index lost 1.1 percent to 3,129.55 points and Tokyo's Nikkei 225 dropped 0.9 percent to 21,199.98.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.