Spotify (SPOT) announced its new "Jam" feature which allows premium users to invite other users to add songs to a shared queue. Yahoo Finance's Josh Schafer, Dan Howley, and Pras Subramanian break down the new feature and share their thoughts on its functionality. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
NEW YORK, September 25, 2023--Spotify Technology S.A. (NYSE: SPOT) will post its third quarter 2023 financial results and deck to shareholders on Tuesday, October 24, 2023 before market open.
The best part about this model is the cost: Consumers can stream unlimited music, movies, and television shows for a monthly subscription fee lower than what they used to pay for one CD album or one movie on a DVD! While streaming companies have already created enormous value for investors, it's clear this business model is the way forward, so further gains are likely over the long term. Here's why Netflix (NASDAQ: NFLX) and Spotify Technology (NYSE: SPOT) fit the bill.