Spotifi added five million premium users in the first quarter of this year (between January and March), the company has just announced. It is an increase of 12% compared to Q1 2024, and brings total payment subscribers to 268 million.
The streaming service recorded quarterly operating palleting revenue of € 509 million (about 8 528 million). Revenue was $ 4.2 billion or about 8 4.8 billion. Spotife has now promoted that it has 678 million monthly active users, and 423 million AD-supported monthly active users, although mathematics is not quite enhanced-if 423 million users are advertised-supported and pays 268 million, not a total of 691 million, not 678 million.
Then again, the difference is small, so maybe we lost something here. However, controversies about how much (or how little) of the artists pay, Spotife has turned into a mature profit -making business, and both of them seem to be constantly increasing the number of user numbers as well as income. It is still a leading music streaming service worldwide, by some margins.
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