Apple Music's competition grows as Spotify boasts half a billion active users

FFR

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Nov 7, 2012
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210 million paying subscribers to Spotify and only 3 billion in revenue.

And 156 million as an operating loss.
 

Up_And_Away

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Aug 27, 2021
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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
 

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