Spotify Report The first trimester on Tuesday has increased its premium customer base by 5 million, which represents 12% growth year after year. It brings a total of 268 million, it is the second highest total of total and the highest net addition of sub -nets provided for the first trimester since 2020.
Spotifio has reported € 509 million or about $ 528 million in record-high quarterly operating income. However, it was below the direction of the company’s $ 548 million ($ 625 million). Total revenue has jumped over 15% of the years € 4.2 billion ($ 4.8 billion).
In addition, the music streaming giant now has a total of 678 million monthly active users (MAS) and 423 million ad-backed MAS.
Numbers come to the heels of the profitable milestone in the last quarter company, when it has reported € 477 million ($ 509.48 million) of operating income.
Spotifying music has been the top player of the Spotify Music Streaming Industry by successfully beating competitors like Apple Music and Amazon music. Also, the company is pushing YouTube into video podcasts, now there are 330,000 shows on the platform. Significantly, the recently launched Spotify Partner program has paid more than this $ 100 million To the first quarter to the Podcast Creator.
Recently, more than 40 AI playlists have removed the offer in the market, including Spotify Bahamas, Fiji, Ghana, Jamaica, Kenya, Singapore and more.