Spotify teases a ‘super premium' tier for superfans and upcoming video expansion in Q3 earnings call
Portfolio Pulse from
Spotify is planning to introduce a 'super premium' tier, which includes HiFi audio, as part of its upcoming offerings. This was discussed during the Q3 earnings call, indicating a potential new revenue stream for the company.
November 13, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Spotify is planning to launch a 'super premium' tier with HiFi audio, which could attract superfans and increase revenue. This was mentioned in the Q3 earnings call.
The introduction of a 'super premium' tier with HiFi audio could attract a niche market of audiophiles willing to pay more for higher quality sound. This could lead to increased revenue and potentially improve Spotify's market position. The mention in the Q3 earnings call suggests that this is a significant upcoming development for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90