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Jo San Diego

Ad revenue up for SiriusXM and Spotify

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  • Spotify released its Q4/21 financial results. Total monthly active users grew 18% year-on-year to 406m, and ad revenue grew 40%. The company fell back into operational loss, losing $44m in the quarter, and expect to lose $75m in Q1/22.

“I would never want to silence debate about vaccine safety and efficacy because the lack of critical discussion actually increases vaccine hesitancy. However, rigorous debate that benefits the public does not include the dissemination of misinformation.” - Brené Brown on why she’s paused producing podcasts for Spotify.

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