Spotify has added five million premium users in the first quarter of this year (between January and March), the company has just revealed. That's a 12% increase compared to Q1 2024, and brings the total paying subscribers to 268 million. The streaming service has also reported a record quarterly operating income of €509 million (about $528 million). Revenue was €4.2 billion, or around $4.8 billion. Spotify now boasts that it has 678 million monthly active users, and 423 million ad-supported monthly active users, though the math doesn't quite add up - if 423 million users are ad-supported...
April 30, 2025 at 05:46AMvia GSMArena.com - Latest articles https://ift.tt/nkGuq7a
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