Spotify Q1 2021 earnings Shifting headwinds

Mark Mulligan

May 2021

The first quarter of the year is usually a slow one for Spotify, but 2021 saw a few metrics slowing more than in previous years. There were lots of solid performance metrics in Spotify’s results and a slew of new product announcements, but there were also signs of a coming slowdown driven in large part by wider industry headwinds.

Companies and brands mentioned in this report: Amazon Music, Alphabet, Betty Labs, Deezer, Facebook, Peloton, Spotify, TikTok, YouTube

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