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home / news releases / SPOT - Music streamers Spotify and Warner Music downgraded at Redburn on industry competition pricing challenges

SPOT - Music streamers Spotify and Warner Music downgraded at Redburn on industry competition pricing challenges

Spotify Technology S.A.

2024-07-10 09:42:14 ET

Music streaming companies Spotify ( NYSE: SPOT ) and Warner Music Group ( NASDAQ: WMG ) were both downgraded to "Sell" by analysts at Redburn Atlantic on Wednesday, citing a competitive environment for the industry and structural challenges that will curb price hikes....

For further details see:

Music streamers Spotify and Warner Music downgraded at Redburn on industry competition, pricing challenges
Stock Information
Company Name: Spotify Technology S.A.
Stock Symbol: SPOT
Market: NYSE
Website: spotify.com
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