Difficult to believe full paying customer jump of this proportion without it being significantly in part to a bundling. I believe this also including, for example, Joe Rogan podcast subs. It isn’t music.
These numbers suggest they’re paying more to get users. That’s a slippery slope:
Revenue: 3.04 billion euros versus 3.09 billion euros expected
Loss per share: -1.16 euros versus -0.85 euros expected