Home 2025 February 11 (Tuesday)

Day: <span>11 February 2025</span>

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Spotify cuts marketing budget pledging focus on ‘accelerated execution’

Spotify cuts marketing budget pledging focus on ‘accelerated execution’

Spotify has named 2025 its “year of accelerated execution”, after the music streaming giant cut marketing spend by 9% in 2024. The business spent €393m (£326m) on sales and marketing during the three months to 31 December 2024, versus €432m (£359m) during the same period in 2023. Over the full year period, Spotify invested €1.49bn...

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Arsenal, Bayern Munich and PSG urged to end ‘blood-stained’ Visit Rwanda sponsorship deals

Arsenal, Bayern Munich and PSG urged to end ‘blood-stained’ Visit Rwanda sponsorship deals

DR Congo’s foreign minister asks clubs to terminate agreement with Rwanda Development Board amid worsening humanitarian crisis. European soccer giants Arsenal, Bayern Munich and Paris Saint-Germain have been urged to end their ‘blood-stained sponsorship deals’ with Visit Rwanda amid an escalating humanitarian crisis in the Democratic Republic of Congo. The plea from DR Congo comes...

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