"You Can Now “Go Online and Quickly Generate Interest in your Market Place” Using One Of The Best Podcast Tools Available today! " No matter how big or small your business, no matter what you're making or selling, your brand deserves to be discovered.” A fully immersive no judgment world where there's an audience for every podcast you create. With professional-sounding podcasts for your business, you can unleash your brand's creative side. Podcasting could enable Spotify to reduce labels’ cut of its sales since they get paid based on their share of overall listening.Welcome to the Anchor Podcasting Masterclass: Say it all with Anchor by Spotify!ĪTTENTION SOLOPRENEURS: Do You Want To Know How to Start Your Own Professional Sounding Podcast Using Free Tools? Are You Ready to take your business to the next level with these professional-sounding audios that will make listeners sit up and take notice of the message that you are wanting the world to hear? Lowering costs is another reason Spotify likes podcasts. Spotify doesn’t expect to lower record labels’ share of its sales in these talks, as it did the last time, Chief Financial Officer Barry McCarthy said in an interview.
Spotify is in the midst of negotiating new long-term contracts with the three major record labels, its biggest suppliers. One reason may be that Spotify doesn’t expect to get much relief from music companies. “Why are they guiding to such low gross margins?” “This is not about the fourth quarter, it’s about the guidance,” said Anthony DiClemente, an analyst who tracks the company for Evercore ISI. Investors have been upbeat about Spotify’s prospects, sending the stock up 23 percent this year. Spotify also said its average revenue per user had fallen by 7 percent. The company’s shares sank as much as 8.9 percent to $127.05 in premarket trading Wednesday because the company forecast lower profit margins in the coming year. Margin Concernsīut investors were more concerned about Spotify’s projections for 2019. Spotify grew its user base by nearly 30 percent last year despite growing competition from Inc., Apple and Alphabet Inc.’s YouTube.
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