Spotify Now Has 158 Million Premium Subscribers and 356 Million Monthly Active Users
3 years, 7 months ago

Spotify Now Has 158 Million Premium Subscribers and 356 Million Monthly Active Users

News 18  

Swedish music streaming giant Spotify, in its earnings report yesterday said that it now has 158 million premium subscribers and 356 million monthly active users. This makes for a 21 percent year-on-year increase in premium subscribers and a 28 percent increase in monthly active users. Spotify’s growth comes as the company is focusing on podcasts as a way to convert free users into premium subscribers. Spotify said that it has seen a “strong increase” in the amount of hours of podcast listening on the platform, though the actual proportion of users listening to podcasts was “consistent” with the previous quarter.

Users Facebook Spotify Premium Subscribers Monthly Active Users  million  spotify  facebook  spotifys  356  active  growth  revenue  subscribers  monthly  increase  premium  users  158  podcasts

History of this topic

Spotify is no longer a money-losing music app - so what is it now?
1 month ago

Spotify is no longer a money-losing music app - so what is it now?

The Independent  

In a hall in Los Angeles, some of the world’s most famous talkers are gathered. One of Spotify’s core offers is to keep people coming back by giving subscribers “uninterrupted listening and watching of video podcasts”, says Norström, and that should also help convince creators because it will help make their content more enjoyable. That was “phase one” of Spotify’s …

Spotify to soon share revenue with video podcast creators to take on YouTube: See details
1 month, 1 week ago

Spotify to soon share revenue with video podcast creators to take on YouTube: See details

Hindustan Times  

Spotify will soon start sharing revenue with creators based on how much their videos are viewed, in a move to take on YouTube's video podcast dominance, according to a Business Insider report. "By giving you guys, the creators, another path to monetization beyond ads, we're freeing you up to do what you like doing, which is creating," the report quoted …

Spotify launches huge push into video as it takes on YouTube
1 month, 1 week ago

Spotify launches huge push into video as it takes on YouTube

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. While Spotify did not explicitly name its rival during its announcement, its chief executive Daniel Ek promised …

Spotify woos video and podcast creators with new tools to better compete with YouTube
1 month, 1 week ago

Spotify woos video and podcast creators with new tools to better compete with YouTube

LA Times  

Swedish streaming audio giant Spotify is courting more video creators, podcasters and influencers in an effort to step up its competition with popular digital platforms such as YouTube, Instagram and TikTok. Once a pure streaming music company, Spotify five years ago expanded into podcasting, buying podcast companies and later spending considerable sums to get exclusive deals with popular hosts including …

Get Spotify Premium For 4 Months At Just Rs 59: A Limited-Time Offer for Music Lovers
2 months, 2 weeks ago

Get Spotify Premium For 4 Months At Just Rs 59: A Limited-Time Offer for Music Lovers

ABP News  

Spotify is currently offering its Individual Premium plan for just Rs 59 for the first four months. This special offer is available until October 13 and is available for both new and existing users. To avail the offer, users need to open the Spotify app, log in or create a new account, click on the Premium button on the bottom …

You use Spotify to listen to music. Here’s how money from ads and subscription fees flows to artists
3 months, 3 weeks ago

You use Spotify to listen to music. Here’s how money from ads and subscription fees flows to artists

The Hindu  

Every day, millions of people use Spotify to stream music. So, if a rights holder like Universal Music Group accounted for half of all the streams in the U.S., they'd "get half of all the revenue generated in the U.S.” Liz Pelly, a journalist whose first book, “Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist,” …

You use Spotify to listen to music. Here’s how money from ads and subscription fees flows to artists
3 months, 3 weeks ago

You use Spotify to listen to music. Here’s how money from ads and subscription fees flows to artists

Associated Press  

LOS ANGELES — Every day, millions of people use Spotify to stream music. So, if a rights holder like Universal Music Group accounted for half of all the streams in the U.S., they’d “get half of all the revenue generated in the U.S.” Liz Pelly, a journalist whose first book, “Mood Machine: The Rise of Spotify and the Costs of …

Spotify Has a Fake-Band Problem. It’s a Sign of Things to Come.
3 months, 3 weeks ago

Spotify Has a Fake-Band Problem. It’s a Sign of Things to Come.

Slate  

If you ask their shareholders, Spotify is in a great place right now. “In this instance, the content was removed by the content providers.” “Content providers” could be pretty much anyone on the artist side of things—the “bands” themselves, their management, the label—but Henderson Cole, an entertainment and music lawyer, suspects it might be the third-party intermediaries many artists use …

Spotify Brings Back Unlimited Access To Song Lyrics For Free Users
4 months, 3 weeks ago

Spotify Brings Back Unlimited Access To Song Lyrics For Free Users

News 18  

Spotify has reinstated unlimited access to song lyrics for users. Over the coming weeks, we’ll be expanding Lyrics availability for Spotify Free users so more people can enjoy viewing more lyrics globally.” During the company’s recent earnings call, Spotify CEO Daniel Ek revealed that they are focused on improving the free version of Spotify. Further additional improvements will be integrated …

Spotify Premium is available for just Rs 59 but there is a twist
5 months ago

Spotify Premium is available for just Rs 59 but there is a twist

India TV News  

Spotify is a popular audio streaming platform around the world including India. Here are all the details you need to know about the Spotify Premium Promotional offer. Spotify Premium Promotional offer details According to Spotify's website, users can subscribe to the Individual plan and avail a limited-time promotional offer, which provides three months of Spotify Premium subscription for Rs. The …

Spotify now lets users interact with podcasters through comments
5 months, 1 week ago

Spotify now lets users interact with podcasters through comments

The Hindu  

Spotify has now introduced a comment section that allows users to interact with podcasters directly on the platform. The music streaming app is moving towards building a more social network-like experience since the inclusion of more interactive features like Polls and Q&As. The app was revamped last year to add a new discovery feed similar to Tik Tok, artist profiles …

Spotify price rise: What is happening to the music streaming service?
6 months, 2 weeks ago

Spotify price rise: What is happening to the music streaming service?

Slate  

Spotify is going through something right now. The National Music Publishers’ Association, a powerful trade group for big songwriter-publishing firms, also objected to Spotify’s new “bundles” and served the company a cease-and-desist over its alleged platforming of unlicensed lyrics, music videos, and podcasts. The bundling controversies earned condemnation from outside the legal realm, with Spotify’s own former global head of …

Spotify raises prices on premium plans to boost profits
6 months, 3 weeks ago

Spotify raises prices on premium plans to boost profits

LA Times  

Spotify, the world’s largest music streaming subscription company, is raising its prices again for U.S. premium accounts. Rates for group subscriptions also increasing, with duo plans increasing $2 to $16.99 a month and family plans going up $3 to $19.99 a month. “So that we can continue to invest in and innovate on our product features and bring users the …

Spotify shares rally 16% after Q1 gross profit tops 1 billion euros
8 months ago

Spotify shares rally 16% after Q1 gross profit tops 1 billion euros

Live Mint  

Shares of music streaming giant Spotify Technology SA rallied as much as 16 per cent on Tuesday after it reported an increase in the number of paid subscribers and its quarterly gross profit topped 1 billion euros for the first time. The company posted operating profit of 168 million euros for the first quarter -- a turnaround from a loss …

Spotify profits up, but lower marketing hits user growth
8 months ago

Spotify profits up, but lower marketing hits user growth

Hindustan Times  

By Supantha Mukherjee Spotify profits up, but lower marketing hits user growth STOCKHOLM -Spotify's quarterly gross profit topped 1 billion euros for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users. "We are going to add back some marketing spend over the year," CEO Daniel Ek …

Spotify swings to profit, paying subscribers rise
8 months ago

Spotify swings to profit, paying subscribers rise

Hindustan Times  

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. Spotify swings to profit, paying subscribers rise The company posted a "new quarterly high" operating profit of 168 million euros a turnaround from a loss of 156 million euros over the same period …

Spotify Lossless Hi-Fi Music Could Come With A New Pro Subscription Plan: Know More
8 months, 1 week ago

Spotify Lossless Hi-Fi Music Could Come With A New Pro Subscription Plan: Know More

News 18  

Spotify has been touting its lossless music service for a few years now and people are still waiting to see it made official. The company could add a new Music Pro subscription that will offer the much-awaited lossless audio quality along with other features. Spotify Music Pro Plan Rumours: What It Says The Music Pro plan from Spotify is likely …

Spotify paid $9 billion in royalties in 2023. Here’s what fueled the growth
9 months ago

Spotify paid $9 billion in royalties in 2023. Here’s what fueled the growth

Associated Press  

LOS ANGELES — Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest “Loud and Clear” report. “This is everything we know about how much is being paid out, how many artists are achieving different levels of success,” says Charlie Hellman, the vice president and global head of music product at Spotify. …

Spotify reaches 236 million premium subscribers, revenue up 16 per cent: Details
10 months, 2 weeks ago

Spotify reaches 236 million premium subscribers, revenue up 16 per cent: Details

India TV News  

Spotify, a Swedish music streaming platform said that it now has 236 million premium subscribers, which is a 4 per cent increase over the last quarter. The monthly active users have gone up 23 per cent to 602 million and one million ahead of guidance, the company said while disclosing its Q4 2023 numbers. Total revenue grew 16 per cent …

Spotify wants to be a place for creation and discovery, not just for music.
54 years, 11 months ago

Spotify wants to be a place for creation and discovery, not just for music.

Slate  

If Spotify were composing a song about the past few years, it would not be up-tempo pop. In a statement Dec. 7, Spotify CEO Daniel Ek said, “We’ve come to the conclusion that Spotify is entering a new phase and needs a CFO with a different mix of experiences.” On Sunday’s episode of What Next: TBD, I spoke with Bloomberg …

Spotify axes 17% of workforce in third round of layoffs this year
1 year ago

Spotify axes 17% of workforce in third round of layoffs this year

Associated Press  

LONDON — Spotify says it’s axing 17% of its global workforce, the music streaming service’s third round of layoffs this year as it moves to slash costs while focusing on becoming profitable. In a message to employees posted on the company’s blog Monday, CEO Daniel Ek said the jobs were being cut as part of a “strategic reorientation.” The post …

Spotify cuts 17% of its global workforce in the latest round of cuts
1 year ago

Spotify cuts 17% of its global workforce in the latest round of cuts

LA Times  

Spotify on Monday said it is laying off 17% of staff. “Economic growth has slowed dramatically and capital has become more expensive,” said Daniel Ek, Spotify’s chief executive, in a blog post. “Spotify is not an exception to these realities.” Ek said the company had considered making smaller reductions in 2024 and 2025 instead, but “considering the gap between our …

Spotify alters free usage in India: Check new rules here
1 year, 2 months ago

Spotify alters free usage in India: Check new rules here

India TV News  

In a strategic move to encourage more users in India to opt for its premium service, music streaming giant Spotify has implemented changes affecting its free-tier users in the country. Previously available features for free users, such as playing songs in a specific order, song repetition, and easy access to previous tracks, will now be exclusive to Premium subscribers. Spotify …

Spotify Is Limiting These Features For Free Users In India: Here’s What We Know
1 year, 2 months ago

Spotify Is Limiting These Features For Free Users In India: Here’s What We Know

News 18  

Spotify wants to limit the number of features its free ad-tier plan offers to users. Spotify assures that free users on the platform can continue listening to artists, albums and playlists they like, and make use of Spotify’s recommendation engine. As for the new changes for Spotify free users, here’s what the platform is now locking for them from this …

Spotify hikes prices in bid to boost profits
1 year, 4 months ago

Spotify hikes prices in bid to boost profits

Daily Mail  

Spotify has hiked its prices for the first time in the UK to boost profits. The Swedish music streaming company will charge £10.99 a month for its premium service, up from £9.99. Spotify, which has 200m paying subscribers across the world streaming music from artists such as Adele, Ariana Grande and Taylor Swift, said that the increases would affect several …

Spotify added millions of users. Here’s why the stock is getting hammered
1 year, 4 months ago

Spotify added millions of users. Here’s why the stock is getting hammered

LA Times  

Spotify’s subscriber numbers are surging. Spotify’s stock on Tuesday plummeted 14% to close at $140.38 a share as the company issued weaker revenue guidance than Wall Street analysts expected. The Swedish audio company added 10 million subscribers during the second quarter to hit a total of 220 million paying users, up 17% from a year earlier. Daniel Ek, Spotify’s chief …

Spotify's paid subscriber base soars to 220 million, setting new highs
1 year, 4 months ago

Spotify's paid subscriber base soars to 220 million, setting new highs

India TV News  

Music streaming giant Spotify on Tuesday announced that the platform now has 220 million Premium subscribers and 551 million monthly active users, as of June 30. The company, in its Q2 earnings report, said that the monthly active users surged 27 per cent to 551 million, and Premium subscribers grew 17 per cent to 220 million. The second quarter earnings …

Spotify HIFI finally launching with lossless and HD music but could be pricier
1 year, 6 months ago

Spotify HIFI finally launching with lossless and HD music but could be pricier

Live Mint  

Music streaming platform Spotify is mulling over a plan to introduce a more expensive premium option, the Bloomberg News reported on Tuesday. The loss-making music streaming platform is reinventing itself amid the pressure from investors and also trying to hold the current premium subscribers. The music streaming platform is making its premium section more attractive with enhanced access to audiobooks …

Spotify cuts 200 jobs in its podcast division but promises new original series incoming
1 year, 6 months ago

Spotify cuts 200 jobs in its podcast division but promises new original series incoming

India Today  

Spotify has announced plans to revamp its Podcast division by making structural changes, which includes cutting 200 jobs -- roughly 2 per cent of Spotify's global workforce. In a blog post, Sahar Elhabashi, VP and head of Spotify's podcast business, suggests that podcast listeners continue to grow and the company also enjoys a stable position on the market. In the …

Spotify Monthly Active Users Exceed 500 Million In Q1, 2023 For The First Time Since Launch
1 year, 7 months ago

Spotify Monthly Active Users Exceed 500 Million In Q1, 2023 For The First Time Since Launch

ABP News  

Swedish music streaming giant Spotify on Tuesday announced its first quarter financial performance and also said more than half a billion people or 515 million people are using Spotify on a monthly basis. Daniel Ek, Spotify Founder, made the announcement of Twitter: "@Spotify's strongest Q1 since going public in 2018 and the second largest quarter of MAU growth in our …

Spotify back up after brief outage
1 year, 11 months ago

Spotify back up after brief outage

The Hindu  

Audio streaming platform Spotify suffered a brief outage on Friday, leaving tens of thousands of users unable to access the platform before services appeared to come back online. Downdetector, which tracks outages through a range of sources including user reports, showed more than 45,000 affected users from the United States at the peak of the disruption. In October, last year, …

Spotify now has 195 million paid subscribers
2 years, 1 month ago

Spotify now has 195 million paid subscribers

The Hindu  

Audio streaming platform Spotify now has 195 million paid subscribers and expects to cross the 200 million mark by the end of this year, the company said in its September-ending quarter financial update. Apple’s “anti-competitive behaviour” was hurting everyone including audiobook listeners, publishers and authors, Spotify said in a blog post. Apple charges a commission of up to 30% on …

Spotify Hi-Fi Is Coming Soon, Price Details And More Leaked
2 years, 2 months ago

Spotify Hi-Fi Is Coming Soon, Price Details And More Leaked

News 18  

Spotify has been working on its Hi-Fi streaming plan for a few years but it has never launched the service for its subscribers. Spotify Hi-Fi will go up against Apple Music which has already been providing its users with lossless audio quality. Spotify Hi-Fi Plan Price And More Details The Spotify Hi-Fi or Platinum plan has been listed with a …

Spotify kills 11 original podcasts, lays off around 5% staff
2 years, 2 months ago

Spotify kills 11 original podcasts, lays off around 5% staff

India TV News  

Spotify, a music streaming platform has been reportedly shuttering down 11 original podcasts from its in-house studios, as a part of cost-cutting and layoffs which recently took place. Among the podcasts which got cancelled from the in-house studio's Gimlet and Parcast are How to Save a Planet Crime Showa Medical Murders to name a few Also, in the second quarter …

How much is Spotify Premium in the UK and US, and what’s included?
2 years, 4 months ago

How much is Spotify Premium in the UK and US, and what’s included?

The Independent  

Sign up to our free weekly newsletter for insider tips and product reviews from our shopping experts Sign up for our free IndyBest email Sign up for our free IndyBest email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Spotify Premium can be paid for in a few different ways, and some …

Spotify Update: Video podcasts featured added and these countries could use it
2 years, 5 months ago

Spotify Update: Video podcasts featured added and these countries could use it

India TV News  

Spotify Update: Spotify, a Swedish music streaming platform has announced to expand video podcasts for creators in six new countries, including Germany, France, Italy, Spain, Brazil and Mexico. "These are markets with especially strong podcast creator communities that have shown a healthy appetite for new ways to create and experience podcasts," the company said in a statement late on Tuesday. …

Spotify Wrapped 2021 is a timely reminder of your favorite music and podcasts
3 years ago

Spotify Wrapped 2021 is a timely reminder of your favorite music and podcasts

Hindustan Times  

The Spotify Wrapped 2021 year-in-review is now Live for users globally and is a rather timely reminder of the music and podcasts you’ve listened to the most through the best part of the year gone by. Spotify Wrapped 2021 year-in-review is a timely reminder of the music and podcasts you’ve listened to the most through the best part of the …

Spotify to buy Ohio audiobooks firm, expanding audio ambitions
3 years, 1 month ago

Spotify to buy Ohio audiobooks firm, expanding audio ambitions

LA Times  

“It is Spotify’s ambition to be the destination for all things audio both for listeners and creators,” Gustav Söderström, Spotify’s Chief Research & Development Officer, said in a statement. Spotify on Thursday said it will buy Ohio-based audiobooks distribution company Findaway as the Swedish streaming service continues to expand its audio offerings beyond music and podcasts. “It is Spotify’s ambition …

Spotify quarterly revenue beats on paid users, ad rebound
3 years, 4 months ago

Spotify quarterly revenue beats on paid users, ad rebound

Live Mint  

Spotify Technology SA beat Wall Street estimates for second-quarter revenue on Wednesday, as the music streaming company reported a 20% jump in paid subscribers for its premium service driven by demand in Europe and North America. Its The top end of the company's current quarter forecast for revenue and premium subscribers also surpassed expectations. Spotify forecast revenue of 2.31-2.51 billion …

Spotify Doubles Android Downloads to 1 Billion in Just Two Years
3 years, 7 months ago

Spotify Doubles Android Downloads to 1 Billion in Just Two Years

News 18  

Spotify has clocked over one billion downloads on Google Play Store in just two years after hitting the 500 million mark. Meanwhile, the Swedish music streaming giant recently announced that it had 158 million premium subscribers and 356 million monthly active users until March 31, 2021. Its last quarter performance report shows that the company managed a 21 percent year-on-year …

Spotify Users Can Now Share, Explore, and Discover Music Directly From Facebook App
3 years, 7 months ago

Spotify Users Can Now Share, Explore, and Discover Music Directly From Facebook App

News 18  

Spotify on Monday said it has partnered with Facebook to allow listeners to play music and podcasts directly from the social network’s iOS and Android apps. Facebook last week said it planned to launch several audio products, including Clubhouse-style live audio rooms and a way for users to find and play podcasts. Spotify’s paid subscribers would be able to access …

Spotify to launch rival podcast subscriptions to Apple: Report
3 years, 7 months ago

Spotify to launch rival podcast subscriptions to Apple: Report

India TV News  

Following Apple's announcement of paid subscription podcasts, Swedish music streaming service Spotify is planning to introduce a paid podcast subscription service, where it will not take a cut of revenue unlike Apple, the media reported. AppleInsider citing the Wall Street Journal reported that Spotify's offering will differ from Apple's as it will neither charge a fee nor take a revenue …

Does Spotify pay artists a fair rate? Here’s what musicians, managers and Apple Music have to say
3 years, 8 months ago

Does Spotify pay artists a fair rate? Here’s what musicians, managers and Apple Music have to say

LA Times  

Frustrated by what they consider an inequity, last month a group of independent musicians who’d endured a year without live-performance income commenced a series of protests called “Justice at Spotify” at the music streaming platform’s offices around the world. The musicians’ protest followed Spotify founder and CEO Daniel Ek’s much-discussed 2020 comment that “some artists that used to do well …

Spotify announces new podcasts for Indian listeners
3 years, 8 months ago

Spotify announces new podcasts for Indian listeners

India TV News  

Spotify on Wednesday announced a slate of new podcasts from India, including four new Spotify Originals and one exclusive podcast partnership. The Originals include Tamil talk show "The RJ Balaji Podcast", Hindi comedy podcast "Andar Ki Baat by Amit Tandon", psychological horror show "Darr Ka Raaz with Dr. Phobia" and true crime series "Crime Kahaniyan". "We are continuing our effort …

New Spotify Home Screen Features Will Make Navigation & Discovering Music Even Simpler
3 years, 9 months ago

New Spotify Home Screen Features Will Make Navigation & Discovering Music Even Simpler

News 18  

Swedish music streaming giant Spotify has enhanced its home screen by introducing some new features for the Home hub. The new update brings a new “recently played” section that can be accessed by the history icon near the top of the home screen, which will list all the individual tracks that were listened to. Premium subscribers will also have access …

With Warner Bros, DC Comics as partners and new interactive tools, Spotify’s future has podcast written all over it
3 years, 10 months ago

With Warner Bros, DC Comics as partners and new interactive tools, Spotify’s future has podcast written all over it

Firstpost  

Bringing the DC Universe to life in audio, signing a multi-year podcast deal with Avengers: Endgame directors’ production company AGBO**,** expanding Spotify SoundUp, and new interactive tools, are only a handful of the many other announcements Spotify made at the last night, furthering the company’s obsession with expanding podcasts. Batman Unburied, the new @DCComics podcast from David S. Goyer, steps …

Spotify Available in 85 New Markets With More Than 1 Billion Potential Users: Full List
3 years, 10 months ago

Spotify Available in 85 New Markets With More Than 1 Billion Potential Users: Full List

News 18  

Swedish music streaming giant Spotify has announced that it is expanding to 85 more markets on Tuesday. The company said that it will expand to 85 new markets in the “next few days” across Asia, Africa, the Carribean, Europe, and Latin America via its Stream On event on Monday. These new areas represent more than a billion people, giving Spotify …

Spotify Stories With Playlists Should Help Users With New Music Discovery
4 years ago

Spotify Stories With Playlists Should Help Users With New Music Discovery

News 18  

Spotify has become the latest platform to add the ‘Story’ feature that allows users to post photos or videos that typically disappear after 24 hours. The news of Spotify working on stories feature first came out in January this year when the Swedish music streaming platform allowed limited influencers to share snippets alongside their public playlists. Spotify has over 299 …

Spotify to buy ad tech firm Megaphone to monetise podcasts
4 years, 1 month ago

Spotify to buy ad tech firm Megaphone to monetise podcasts

The Hindu  

Spotify has agreed to buy podcast advertising and publishing company Megaphone to provide publishers with the option to monetise their podcasts via the streaming platform. With the acquisition, the music-streaming platform aims to create targeted ads and make Spotify’s Streaming Ad Insertion available to third-party podcast publishers for the first time. “We look forward to Megaphone joining Spotify on our …

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