Spotify Faces €76M Tax Hit Amidst Subscriber Growth and Revenue Surge
What’s Happening? Spotify has reported a significant increase in premium subscribers and revenue for Q1 2025, but a €76 million charge related to payroll taxes has impacted its operating profit, leading to a decline in share value. The company added 5 million premium subscribers, bringing the total to 268 million—a 12% year-over-year increase. Monthly active […]
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