How I made $2.8m from Spotify ad deal and more with Spotify’s spotify.com
Axios has acquired a significant stake in Spotify, bringing the company’s revenue to over $2 billion.
We are the largest advertising platform in the world, and we are investing in brands to deliver compelling ads to people’s devices, with advertisers spending over $6 billion a year on ads on YouTube alone.
Spotify’s platform offers advertisers unprecedented control over what their ads are shown on, and it has also created a platform for brands to get paid more for the ads they run on Spotify.
This means we’re able to provide advertisers more value and a better experience than ever before.
As we expand our reach, our goal is to help brands increase their ROI by targeting them with the ads that resonate with them.
By providing advertisers with a platform to deliver ads that work, we will help them achieve their highest revenue streams.
Our ad inventory is more than two billion ads, and our advertisers can reach millions of consumers across the globe with more than $1 billion worth of ads per month.
We are focused on creating a platform where advertisers can monetize their content, and this is where we can truly succeed.
Today, Spotify is the #1 music streaming service on the planet, with more users than YouTube, and over a billion monthly active users.
We’re excited to be a part of Spotify’s future.
We’ve been listening to our advertisers, listening to their feedback, and building the best ad platform in history, and today we’re announcing a $2 million acquisition of our ad inventory for $2,500 per ad.
The acquisition brings Spotify’s ad revenue to more than twice its annual revenue from ads on our platform, which will help to grow the platform’s audience and deliver a better ad experience for advertisers.
The total value of the acquisition will grow to more of $4.4 billion.
As an added bonus, we’ll add Spotify to our global roster of global advertisers that can deliver ad experiences across platforms, and also build the brand brand of an ad platform that’s well-positioned to continue to grow as a global leader in digital advertising.
We’re excited about our future and what we’re working on.
I look forward to sharing more about the future as we build the platform we all love.