The company also has 155 million paying subscribers. Spotify has reportedly already snagged an ad industry exec to lead its international sales to boost the money it makes from its 210 million ad-supported users from about 12 per cent of its total revenues. As far as long-term strategy, I think gone are the days of advertising being less than 10 per cent of our overall revenue.” Spotify, Amazon Part of Canada’s Tech Expansion Trend
“We’re investing in our advertising business.
“We are increasing our ads business marketing workforce by over 70 per cent in Europe, Australia and Canada … and that’s off a pretty sizable base,” Lee Brown, Spotify’s head of advertising business, reportedly said in an interview. Quebec Pumping More Than $20m Into Settlement Services for Immigrants United States Re-Opening Borders to Fully-Vaccinated Canadians on November 8 Now, Spotify is following suit and expanding its own workforce in the Great White North.Ĭanada’s Overhaul of National Occupational Classification System has Major Implications For Immigration That giant online retailer announced in September it would expand its workforce in Canada by 15,000 this autumn. Digital media streaming service Spotify is planning to hire hundreds more employees in Canada, Europe and Australia in its bid to beef up its advertising revenues, following in the footsteps of Amazon.
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