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Spotify now has 158 million subscribers as war with Apple intensifies

During Q1, Spotify s paid subscriber total grew to 158 million, up 21% from the same period a year ago, as the streaming giant s battle with Apple Music and Apple Podcasts heats up.
While Spotify welcomes the subscriber growth, it cautioned about uncertain expansion moving forward. Some of its newest growth markets most notably India are experiencing surges in COVID-19 cases, casting an uncertain light on future returns.
Average revenue per user dropped 7% year-over-year to 4.12 euro, or around $4.98. The company attributes the decrease to lower prices in new markets and discounted plans designed to attract new subscribers.
Spotify s total subscription revenue rose 14% to 1.93 billion euro, the equivalent of $2.33 billion. Global consumption hours also grew year-over-over. Per-user consumption grew in developed regions. Meanwhile, developing regions showed signs of improvement but remained below pre-COVID levels. ....

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Spotify now has 158 million subscribers as war with Apple intensifies - General Discussion Discussions on AppleInsider Forums

Spotify now has 158 million subscribers as war with Apple intensifies
During Q1, Spotify s paid subscriber total grew to 158 million, up 21% from the same period a year ago, as the streaming giant s battle with Apple Music and Apple Podcasts heats up.
Spotify CEO Daniel Ek
While Spotify welcomes the subscriber growth, it cautioned about uncertain expansion moving forward. Some of its newest growth markets most notably India are experiencing surges in COVID-19 cases, casting an uncertain light on future returns.
Average revenue per user dropped 7% year-over-year to 4.12 euro, or around $4.98. The company attributes the decrease to lower prices in new markets and discounted plans designed to attract new subscribers. ....

Ogg Vorbis , Airpods Max , Josh Lindgren , Creative Artists Agency , Apple Podcasters Program , Apple Music , Apple Podcasts , Apple Podcasters , Wall Street , App Store , Apple One , Spotify Hifi , Amazon Music , ஏர்போட்கள் அதிகபட்சம் , ஜோஷ் லிண்ட்கிரென் , ஆப்பிள் இசை , ஆப்பிள் பொட்காஸ்ட்ஸ் , சுவர் தெரு , செயலி கடை , ஆப்பிள் ஒன்று , ஸ்ப்போடிபி ஹிபி , அமேசான் இசை ,

Spotify's plan for paid podcast subscriptions

Spotify's plan for paid podcast subscriptions
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Spotify's plan for paid podcast subscriptions

Spotify's plan for paid podcast subscriptions
engadget.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engadget.com Daily Mail and Mail on Sunday newspapers.

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Spotity mulls podcast subscriptions, but in a less greedy fashion than Apple

At its Spring Loaded event earlier this week, Apple introduced podcast subscriptions that will be rolled out for creators next month. The company will charge creators a monthly fee of $19.99 per year, while allowing them to set the price for their content that listeners will pay for. It looks like Apple will soon have some competition from another major player in the world of podcasts – Spotify. As per a report from
Spotify aims to diversify its financial stream by offering subscriptions.
“Apple’s podcast subscription, which rolls out next month to users, will have company. Spotify plans to announce its own offering next week, according to people familiar with the matter.” ....

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