Music streamer Spotify ended September with 144 million paid subscribers and 320 million total active monthly users. Ad revenue returned to growth, and 'global consumption hours surpassed pre-COVID levels' – 'all regions have fully recovered.' Details:
'Global consumption hours surpassed pre-COVID levels during the quarter, and all regions have fully recovered,' says the music streamer, led by CEO Daniel Ek.
Spotify CEO Daniel Ek"Global consumption hours surpassed pre-COVID levels during the quarter, and all regions have fully recovered," says the music streamer, led by CEO Daniel Ek.Music streaming giant Spotify on Thursday said that it ended its third quarter with 144 million premium, or paid, subscribers and 320 million total active monthly users as of the end of September. The figures were at or above the high end of the company's forecast range.
That was up from 138 million premium users as of the end of June and from 299 million total users. In the third quarter of 2019, it had added 5 million premium and 16 million total users.For the third quarter, Spotify management had predicted monthly active users to grow to 312 million-317 million, with premium subscribers to reach 140 million-144 million.
"From a content consumption standpoint, global consumption hours surpassed pre-COVID levels during the quarter, and all regions have fully recovered," the firm said.Premium subs grew 27 percent year-over-year, with the company saying:"We saw strong subscriber growth across all regions, with added benefit from our new market launches in Russia and surrounding territories. Russia has been our most successful new market launch to date and represented the largest portion of subscriber outperformance for the quarter. Additionally, we saw strong performance from the global rollout of our Duo product, with the Duo subscriber growth exceeding our expectations."
Spotify, led by CEO Daniel Ek, said advertising revenue returned to growth, with ad-supported revenue rising 9 percent, or 15 percent in constant currency terms, after posting declines earlier this year due to the coronavirus pandemic. Read more: Hollywood Reporter »
Watch Barack Obama surprise a super-fan - CNN Video
Former President Barack Obama was a guest on 'Jimmy Kimmel Live!' and agreed to get in on a planned stunt with one of his fans.
And they're still are so desperate they give joerogan a platform to spread Alex Jones conspiracy lies. Yet another reason to not use Spotify.
Biden vows his unity can 'save country'; Trump hits Midwest“Has the heart of this nation turned to stone? I don’t think so. I refuse to believe it.” Joe Biden traveled to where Franklin Delano Roosevelt coped with polio to declare the U.S. is not too politically diseased to deal with health and economic crises. Joe Biden wants to lock down the Suburbs, end oil and (maybe) fracking, outsource jobs, and diminish the value of your homes. Apparently - it has !
Covid hospitalizations rising in 36 states as U.S. hits another record for average new cases'I think hospitals are going to be very, very stressed this fall and winter,' Dr. Bill Schaffner, an epidemiologist at Vanderbilt University, said in a phone interview. Can we do/add Flu Hospitalizations or does that ruin the narrative? We really don't give a s*** about our doctors and nurses do we shame on us The hyperbole will go away after election day.
Turkey kills YPG/PKK terrorists as blast hits Hatay provinceOfficials say one of the terrorists was killed while detonating explosives while the other was killed during a shootout with security forces in Hatay's Iskenderun district. Man!! These PKK//YPG are sneaky bastards NATO müttefiklerimiz !, parasını ödediğimiz F 35 ve diğer silahları bize vermeyen dostlarımız ! PKK/YPG li canilere pek cömertler paramotor hava filosu hediye etmişler bakalım SU 35. F 35 li teröristleri ne zaman göreceğiz? Turkish security forces recover a paramotor glider used by the PKK/YPG terror group to infiltrate Turkey with the intention of carrying out suicide attacks
Sacha Baron Cohen hits back at Rudy Giuliani over 'Borat' sceneSacha Baron Cohen hits back at Rudy Giuliani over a scene from his recently released 'Borat' movie. 'I don’t want to ruin the movie for anyone, so I would just say, see it and make your own mind up,' Baron Cohen says. Rudy! Rudy! Rudy! Compromised yet again It’s clear what Rudy was doing. Disgusting pig. RudyThePedo Comics are SO much smarter than politicians. This is TRUTH.
Rob Kardashian Hits Tom Brady Football Card Jackpot, Could Be Worth $250k!Rob Kardashian hit the football card equivalent of the LOTTERY this week -- pulling an insanely rare Tom Brady card that could be worth around $250,000!!! oh great even more excuses for him not to work. or leave the sofa. Too bad Rob already ate it That’s nice.
Teen Singer Olivia Reyes Hits Stunning Cover of Harry Styles’ ‘Falling’ on 'The Voice': WatchThe teen from New Jersey delivered big time with a heart-wrenching rendition of Styles’ “Falling.” Melody copied! Kelly ended twice