Spotify I mentioned On Tuesday, the distinguished subscriber base grew by 5 million in the first quarter, which represents an increase of 12 % on an annual basis. This reaches a total of 268 million, which represents the second highest total ever and the highest net addition of submarines paid for the first quarter. Since 2020.
Spotify also reported a standard quarterly operational income of 509 million euros, or about $ 528 million. However, this was less than 548 million euros ($ 625 million). Total revenue jumped by 15 % year on an annual basis to 4.2 billion euros ($ 4.8 billion).
In addition, the music broadcast giant is now 678 million active monthly users (MAUS) and 423 million MAUS supported by ads.
The numbers come in the aftermath of the company Profit In the last quarter, when I reported the operating income of 477 million euros (509.48 million dollars).
Spotify remains the best player in the music broadcasting manufacturer, as he succeeded in overcoming competitors such as Apple Music and Amazon Music. In addition, the company was chasing YouTube and pushing it to the videos, with 330,000 widths now on the platform. It is worth noting that the recently launched Spotify Partner program has paid more than 100 million dollars To the creative podcasts in the first quarter.
Recently, Spotify published Amnesty International Operation List Offer for more than 40 markets, including the Bahamas, Fiji, Ghana, Jamaica, Kenya, Singapore, and more.
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