Spotify to launch recruitment drive to boost ad sales

Spotify is reportedly planning to launch a recruitment drive to boost sales across Europe, Australia, and Canada.

According to a report by Reuters, the music streaming service will hire hundreds of staff as it plans to drive more revenue from advertisements targeted at customers that do not use the monthly paid subscription service.

“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, told the news agency in an interview. "We're investing in our advertising business.

“As far as long-term strategy, I think gone are the days of advertising being less than 10 per cent of our overall revenue."

Brown added that the company has hired an ad industry executive with 25 years of international experience to lead international sales.

Of its 365 million monthly active users, 210 million are ad-supported, bringing in about 12 per cent of its total revenue.

    Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.