Spotify is now more than just a streaming company.
Spotify (SPOT -4.69%) is known as a leader in music streaming, but it's becoming much more than that. The company has moved into podcast and advertising and is now building out creator tools that could make it a social network for creators. Travis Hoium digs into the company's strategy change and upside in the video below.
*Stock prices used were end of day prices of March 15, 2023. The video was published on March 16, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Spotify Technology. The Motley Fool has positions in and recommends Alphabet and Spotify Technology. The Motley Fool has a disclosure policy.
Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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