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Dubai News Club > Tech > Spotify profits from more subscribers and price hikes
Tech

Spotify profits from more subscribers and price hikes

Press Room
Last updated: 2023/10/24
Press Room
Published: October 24, 2023
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The number of people paying for Spotify Premium rose three percent to 226 million on a quarterly basis as the streaming service announced price increases across the US and several other global markets. Spotify’s monthly active users (MAUs) also rose to 574 million as of September 30th, a four percent increase from last quarter. Both rises were slightly above Spotify’s forecast.

Comparing performance year over year, Premium subscribers were up 16 percent while MAUs were up 26 percent….

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