Spotify now has 100 million premium subscribers
Posted on: 29 avril 2019, by : Stuart Dredge

Spotify has published its financial results for the first quarter of 2019, including a significant milestone: 100 million premium subscribers. That’s up from 96 million at the end of 2018. and 75 million a year ago.
Spotify now has 217 million monthly active users overall, so its ‘conversion rate’ is now just over 46%, up from 43.4% a year ago. As for the financials, Spotify’s revenues grew 33% year-on-year to €1.51bn ($1.69bn), while its net losses narrowed in that period from €169m in Q1 2018 to €142m in Q1 2019.
The post Spotify now has 100 million premium subscribers appeared first on Music Ally.
Source: Music ally

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