Variety
·entertainment
·3 hours ago
Spotify posts 8% revenue growth and adds 3 million premium subscribers
Spotify reported an 8% revenue increase for Q1 2026, reaching €4.53 billion, as premium subscribers rose by 3 million to 293 million. The company's total monthly active users grew to 761 million, surpassing expectations. Co-CEOs Alex Norström and Gustav Söderström highlighted strong user engagement and confidence in continued growth despite recent price hikes.
Summary by Glance · Variety
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