Spotify’s podcast business generated nearly €200M in 2021 revenue, up 300% YoY, but had a -57% gross margin; Spotify monetized 14% of listening time in Q1 2022
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Spotify’s podcast business generated nearly €200M in 2021 revenue, up 300% YoY, but had a -57% gross margin; Spotify monetized 14% of listening time in Q1 2022 — Spotify disclosed some key financial metrics of its podcast business for the first time — and while the $1 billion-plus …
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