PART TWO $-$ Spotify's Freemium Business Model $($minimum $300$ words$)$

Read this article called "Spotify's Freemium Business Model darr $",$ and answer the below questions based on this article.

Spotify makes money $("$monetizes$")$ from its freemium business model in two ways: advertising supported $($free$)$ services, and premium $($paid$)$ services.

Describe what each service is$,$ and how the company monetizes each of these two services.

How do the two services work together?

Which of the two services has the higher gross margins? Why?

Users and Revenue and Profits: According to the article:

$4.$ What $\%$ of Spotify revenue in $2022$ came from the free, ad$-$supported services?

$5.$ What $\%$ of revenue in $2022$ came from premium services?

$6.$ As of December $31,2022$: how many premium subscribers did Spotify have?.

$7.$ What was the total revenue of the company in $Q32022?$

$8.$ What was the profit or loss $($operating $($loss$)/$income$)$ of the company in $Q_{2022}{?}_{?}?($use the right numbers and currency$)$

$($look at your numbers carefully...do they seem to make sense?$)$