{"id":131964,"date":"2025-02-04T09:11:03","date_gmt":"2025-02-04T14:11:03","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/02\/04\/spotify-adds-highest-ever-35-million-monthly-users-in-fourth-quarter-3\/"},"modified":"2025-02-04T09:11:03","modified_gmt":"2025-02-04T14:11:03","slug":"spotify-adds-highest-ever-35-million-monthly-users-in-fourth-quarter-3","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/02\/04\/spotify-adds-highest-ever-35-million-monthly-users-in-fourth-quarter-3\/","title":{"rendered":"Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth\u00a0Quarter"},"content":{"rendered":"

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\n\tSpotify added 35 million monthly active users in the fourth quarter last year \u2014 the most ever in a single quarter \u2014 bringing the total number of people streaming on the Swedish music and audiobook platform to 675 million, the company reported on Tuesday.<\/p>\n

\n\tPremium or paying subscribers totaled 263 million as of the end of last year, an 11% increase over the prior year, and ad supported subscribers rose 12% to 425 million. <\/p>\n

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\t\t\t\t\tSpotify Says It Paid $10 Billion to the Music Industry in\u00a02024\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe company has been on a cost-cutting mission, including letting go of about 17% of its workforce last year,\u00a0said 2024 was its first full year of profitability. It reported that quarterly revenue of 4.2 billion euros ($4.34 billion), up 16%, \u201cwas ahead of plan,\u201d thanks to favorable foreign exchange rates and subscriber revenue.<\/p>\n

\n\tThose cost cuts helped cut Spotify\u2019s expenses by 16% from last year to 891 million euros ($920.48 million), while revenue from premium subscribers rose 17% to 3.7 billion euros ($3.18 billion). Revenue from ad supported listeners rose 7% to 537 million euros ($596 million). Average revenue per user rose 5% year over year to 4.85 euros ($5.01). <\/p>\n

\n\tSpotify\u2019s gross margin \u2014 a key measure which strips the cost of sales out of the company\u2019s revenue \u2014 came in above target at 32.2%, compared to 26.7% a year ago. Gross profit totaled 1.37 billion euros ($1.42 billion), and the operating income rose to 477 million euros ($495 million).<\/p>\n

\n\tThe first quarter they expect first quarter revenue to hold flat at 4.2 billion euros ($4.34 billion), as subscribers are expected to rise just 2 million in what is typically a slower-growth quarter for Spotify.<\/p>\n

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\n\tSpotify\u2019s Q4 Topline Results:<\/span>
<\/strong>\u2022 Monthly active users<\/strong> were up 12% to 675 million, contributing to the addition of 35 million MAUs for the quarter \u2014 a new record
\u2022 Premium subscribers<\/strong> rose 11% to 263 million, capping a year that added 27 million paid users
\u2022 Ad-supported users<\/strong> rose by 12% to 425 million from the year ago period
\u2022 Total revenue<\/strong> rose 16% to 4.24 billion euros ($4.34 billion)
\u2022 Revenue from premium subscriptions<\/strong> rose by 17% to 3.7 billion euros ($3.18 billion). Ad-supported revenue jumped 7% to 537 million euros ($596 million)
\u2022 Operating income<\/strong> of 477 million euros ($495 million), up from losses a year ago, which were due to one-time charges<\/p>\n<\/div>\n<\/div>\n

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Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Spotify added 35 million monthly active users in the fourth quarter last year \u2014 the most ever in a single quarter \u2014 bringing the total number of people streaming on the Swedish music and audiobook platform to 675 million, the company reported on Tuesday. Premium or paying subscribers totaled 263 million as of the end […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-131964","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/131964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=131964"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/131964\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=131964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=131964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=131964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}