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Apply to Production Worker and more! And during 2023, you'll see a lot of new things roll out in the audio book category from Spotify. Ive got 10yrs experience. - Spotify CFO Paul Vogel, Q3 2022 Earnings Call. So, we're focused on having the best possible platform we can have for both consumers and creators and that remains true. We outperformance of EUR 3 million. So, no specific guidance, but yes, there was a big ramp in 2022. Spotify Officially Adds Paul Vogel as a Director Ahead of So, it was pretty broad-based. And that's the plan we're tracking consistently against. So, we don't go through all of them. We're going to be more thoughtful about all of our spending into 2023. WebPaul Vogel, Spotify CFO, joins 'Closing Bell' to discuss the company's latest quarter and how his business differs from Netflix. But our strategy is to be an open platform, and we want to enable as much as possible, and we are very partner-friendly when we're doing so. King of Audio However, a notable call out in the quarter was our eighth annual Wrapped campaign, which was a big contributor to our Q4 success, and we broke all sorts of records and reached several all-time highs with an increase of over 30% in user engagements. And as that happening, it is impacting our business. Looking ahead, we are pleased with our momentum into 2023. Mokave totake rcznie robiona biuteria lubna iZarczynowa. And that adds several benefits to Spotify. This was a weak quarter for Spotify's revenue growth, which was masked by significant currency tailwinds. Public School Teacher Salary in Saint Paul, MN | Salary.com But the separate part is on the user side, the same is true as well. And in the meantime, please check out our webcast for the record for more details about the quarter. Our next question is going to come from Justin Patterson. What are some of the puts and takes here? The 6% was actual employees. So, we are feeling good about the momentum exiting 2022. But luckily for us, it hasn't impacted our numbers at all. Spotify We've seen podcast MAU as a percent of our total MAU continue to increase. So, in Q4, we outperformed our expectations. But generally, what you should expect us is across the board now to be focused more on that efficiency and creating more leverage and that's certainly true in podcasting too. All right. Concerningly, Spotify's CFO Paul Vogel expects the slowdown in ad-supported revenue to continue next quarter: On the advertising front, we are seeing some modest improvement from where we were a month or two ago, but the macro environment still has a reasonable amount of uncertainty. How Much Spotify Pays Employees in So, we had kind of lowered expectations coming into Q4. Another question from Benjamin Black on pricing. We'll start with opening comments from Daniel and Paul and afterwards, we'll be happy to answer your questions. Prior to Russias invasion of Ukraine, according to Vogel, Spotify was trending ahead of its Q1 guidance of adding a net 8 million total users, including 3 million paying customers. Vogel, a University of Pennsylvania graduate, is a Wall Street veteran who started his financial career as an So, it's definitely something that we're doing, and we're looking at it as a balanced portfolio approach where in some markets, we're selectively increasing prices because we're in a more mature place. So, it wasn't just that we took audience from another platform, but we actually grew the pie meaningfully for podcasters. For example, large-cap tech peers which derive a large portion of their revenue from advertising also reported weaker-than-expected Q3 results, including Alphabet (GOOG) (GOOGL), Meta Platforms (NASDAQ:META), and Snapchat (NYSE:SNAP). At this point, we don't see any reason why any of our historical trends would change. Can you share detail on investments that have impacted Premium gross margin? And are you seeing any conversion uplift? Vogel, who was interviewed byCharles Kane,a senior lecturer in Global Economics and Management at MIT Sloan, described how Spotify experimented with its service offerings before settling on a freemium subscription model. 4 strategies for digital growth from Spotify Mam prawo dostpu do treci swoich danych i ich sprostowania, usunicia, ograniczenia przetwarzania, oraz prawo do przenoszenia danych na zasadach zawartych w polityce prywatnoci sklepu internetowego. Can you help quantify the annual savings from the headcount reduction you announced last week? For the story behind the numbers, we tapped the experts to join this weeks episode of Spotify: For the Record. CEO Daniel Ek and CFO Paul Vogel sat down with Dustee Jenkins, Head of Global Communications, to discuss the results and what they mean for the future of the platform. We're now in an even stronger competitive position, and I'm confident in our future prospects. As the Chief Financial Officer of Spotify Technology S.A, the total compensation of Mr Vogel at Spotify Technology S.A is WebIncludes base and annual incentives. Now it's perhaps YouTube and TikTok, et cetera. Analysts can ask questions directly into Slido, and all participants can then vote on the questions they find the most relevant.