How much does Spotify spend on advertising?

Spotify spends tens of millions of dollars on advertising. For example, this past year the music and podcast streaming giant spent close to $70 million on advertising, marketing, and promotions. This figure is slightly up from the amount of money that Spotfy spent in the previous year, which was $66 million.

Spotify is one of the biggest and most well-known streaming services for music and podcasts in the world, so it is no surprise they spend tens of millions of dollars every year promoting their brand and services.