-
Physicians Urge Arizona to Ban Medical Gag Clauses and Enable Private Lawsuits
-
China Extends Tariff Suspension on US Imports to Stabilize Trade Ties
-
New Campaign Highlights Knowledge Gaps on Carbon Monoxide Safety Among Americans
-
JR East Launches 'teppay' to Integrate Suica Balance with Mobile Payments
-
GoodData.AI Launches the Agentic Serving Plane, a New Category of Enterprise Data Infrastructure for AI Agents
-
Securitas Healthcare Introduces a New Era of RTLS Built for the Future of Healthcare Operations
-
US Government Questions Effectiveness of Waymo’s School Bus Software Fix
-
First-time boat buyers advised to assess full ownership costs
-
Panthers expected to begin 2027 NRL season away from new stadium
-
Planning and preparation can reduce stress of interstate relocation
-
Sweet As app launches restaurant discovery platform
-
Two more arrested in Carrie Mullane suspected murder investigation
-
MLA seeks inquiry into reported sectarian gestures on Ormeau Road
-
Mayo school appeals for information after convent and chapel vandalism
-
Louise O’Reilly attacks Simon Harris over unemployment remarks
-
GLP-1 Users Show Higher Rates of Nail Detachment in New Studies
-
Virginia overwhelms Arkansas 91-72 behind balanced scoring
-
Canadian soldier Aidan Goulding remembered at Vancouver funeral
-
Second major storm brings destructive winds and outages to British Columbia
-
Tayyab Arif hits 57 on Pakistan Test debut against Sri Lanka
-
Godzilla Minus Zero leads North American box office with $31.6m
-
Robert Trujillo discusses literacy and social justice children’s books
Spotify says active users up 11 percent in fourth quarter to 751 mn
Music streaming giant Spotify said Tuesday that its number of monthly active users reached 751 million at the end of its fourth quarter, with the number of premium paying subscribers reaching 290 million.
In the fourth quarter, the company said it added "a record 38 million" monthly active users (MAUs), beating its projections of 32 million.
"It's incredible to think that we now serve over three-quarters of a billion people around the world," co-chief executive Alex Norstrom said in a statement.
Norstrom said that in the fourth quarter, Spotify "met or exceeded guidance across all key metrics".
Spotify founder Daniel Ek left the role as CEO at the start of 2026, handing over the reins to co-CEOs Norstrom and Gustav Soderstrom.
But Ek retains an active role in the management as executive chairman.
The addition of nine million paying subscribers also exceeded the company's guidance by one million, it said.
Spotify also reported a fourth-quarter revenue of 4.5 billion euros ($5.4 billion), up seven percent compared to the same period a year earlier.
For the full year of 2025, it reported a revenue of 17.2 billion euros.
Net profit for the fourth quarter was 1.2 billion euros, up from 367 million euros a year earlier.
Looking forward, the company said it expected to reach 759 million MAUs by the end of the first quarter of 2026.
L.Carrico--PC