Spotify Third-Quarter Ad Revenue Rises 10% to EUR482 Million
Spotify said advertising revenue grew 10% year over year to EUR482 million in the third quarter. Automated sales channels were the largest contributors to overall advertising growth.
Spotify's advertising revenue grew 10% year over year to EUR482 million in the third quarter, with automated sales channels emerging as the largest contributors to overall advertising growth, the company said. On a constant currency basis, music advertising saw volume gains from increased impressio…