Dustee Jenkins, Spotify’s Global Head of Communications, has confirmed that the company now has 200 million monthly active users. The 200 million-mark comes alongside a continued focus on. More than 100 million users worldwide now pay for Spotify Premium. Including free subscribers, it now has a total of 217 million monthly active users worldwide. Compared to 50 million for Apple.
STOCKHOLM/NEW YORK (Reuters) - Spotify Technology SA on Thursday added more subscribers in the third quarter than Wall Street had expected and forecast strong growth in the current quarter as more users tuned in to its streaming music service.
With more than double the number of subscribers than its nearest rival Apple Music, Spotify has been expanding rapidly in markets across Europe after launching in India and the Middle East last year.
Premium subscribers, which account for most of its revenue, were up 27% to 144 million from a year earlier. Analysts on average were expecting the company to have 142.5 million paid subscribers, according to IBES data from Refinitiv.
The company expects total premium subscribers in the range of 150 million to 154 million for the fourth quarter. Analysts were expecting it to hit 151.5 million.
The company, which earns from paid subscriptions and by showing ads to non-paying users, saw its advertising business return back to growth after the global pandemic hurt ad growth earlier in the year. Old realplayer download for mac.
Number Of Spotify Free Subscribers App
Revenue rose 14% to 1.98 billion euros ($2.34 billion) in the quarter. Amtlib framework cc 2018 mac download. Analysts were expecting revenue of 2 billion euros, according to IBES data from Refinitiv.
Excluding the impact of foreign exchange, Spotify said its quarterly revenue was 'slightly better than expected'.
Ati radeon x1600 mac driver download. (Reporting by Supantha Mukherjee in Stockholm and Kenneth Li in New York; Editing by Simon Johnson and Emelia Sithole-Matarise)