It also suspended services in Russia this quarter.
In the quarter ending March 31st, Spotify says its premium subscribers rose 15 percent on a year-on-year basis to 182 million, up from 180 million the previous quarter. Monthly active users rose 19 percent year-on-year to 422 million, up from 406 million at the end of last year. For context, in the previous quarter premium subscribers rose 16 percent year-on-year, while monthly active users were up 18 percent.
Spotify had previously expected to hit 183 million premium subscribers this quarter, but slightly missed this target as a result of withdrawing from the Russian market. “Excluding the impact of our exit from Russia, subscriber growth exceeded expectations” the company said in its press release.Spotify’s subscriber growth does not appear to have meaningfully slowed down as a result of the Joe Rogan controversy, which engulfed the company this financial quarter.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joe Rogan claims Spotify controversy led to 2 million in subscriber growthJoe Rogan claimed he gained subscribers during his most recent online controversies. Rogan received criticism for using the n-word and his COVID-19 stances.
Read more »
Joe Rogan says he gained '2 million subscribers' during cancel culture campaign to remove him from SpotifyThe podcast giant was targeted in a pressure campaign launched by aging musicians Neil Young and Joni Mitchell
Read more »
Joe Rogan thinks plane passenger punched by Mike Tyson was ‘headbutting a beehive’Joe Rogan had a message for the man who Mike Tyson punched on a plane Wednesday: He had it coming.
Read more »
David Zaslav Vows Warner Bros. Discovery ‘Will Not Overspend to Drive Subscriber Growth’Warner Bros. Discovery “will not overspend to drive subscriber growth,” says CEO David Zaslav. “As you’ve heard me say, we are not trying to win the direct-to-consumer spending war.”
Read more »
Remembering Underrated Female Rapper and TLC Star, Lisa 'Left Eye' Lopes On The 20th Anniversary of Her PassingHow do you think Lisa would feel about the current female rapper renaissance that is upon is now? lisalopes lefteye lisalefteyelopes tlc crazysexycool
Read more »
Comedian David Spade will perform at San Antonio's Majestic Theatre in OctoberTickets for the 'Joe Dirt' star's show go on sale this Friday. SanAntonio SATX SanAntonioTX ThingsToDoInSanAntonio standupcomedy comedy
Read more »