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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on February 11, 2024, 04:05:08 pm



Title: Spotify paid users hit 236M, but company returns to losing money, amid Apple battle
Post by: HCK on February 11, 2024, 04:05:08 pm
Spotify paid users hit 236M, but company returns to losing money, amid Apple battle

<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2024/02/Spotify-paid-users-hit-236M.jpg?quality=82&strip=all&w=1600)</div><p><a href="https://9to5mac.com/guides/spotify/" target="_blank" rel="noreferrer noopener">Spotify[/url] reported a mix of good news and bad in its latest quarterly earnings report. The good news was that Spotify paid users hit 236M, up 4% on the previous quarter. Subscribers on the free ad-funded tier grew even more, up 5% to 602M.</p>



<p>The bad news was that the company, which managed a rare quarterly profit in Q3, returned to being a loss-making business in Q4 …</p>



 <a href="https://9to5mac.com/2024/02/06/spotify-paid-users-q4-2023/#more-932464" data-post-id="932464" data-layer-pagetype="post" data-layer-postcategory="spotify" data-layer-viewtype="unknown" class="more-link">more…[/url]

Source: Spotify paid users hit 236M, but company returns to losing money, amid Apple battle (https://9to5mac.com/2024/02/06/spotify-paid-users-q4-2023/)