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A new growth product could be on the way for Spotify.
Spotify (SPOT 0.43%) has driven revenue growth by adding subscribers and raising prices, but it may now lean into price tiers for superfans. In this video, Travis Hoium explains how that will help drive Spotify's revenue and profits to new heights.
*Stock prices used were end-of-day prices of Jan. 28, 2025. The video was published on Jan. 28, 2025.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. 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, Amazon, Apple, Spotify Technology, and Universal Music Group. 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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