Spotify(NYSE: SPOT) has turned a corner toward profitability and free cash flow over the past year, but its growth could be hampered by overreliance on monthly subscriptions. The way to fuel growth is through advertising, which the company is doing with a new marketplace. In this video, Travis Hoium shows why Spotify's ad business is just getting started.
*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024.
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Travis Hoium has positions in Spotify Technology. The Motley Fool has positions in and recommends Spotify Technology and The Trade Desk. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
