Spotify’s earnings highlight the number of monthly active users, paying subscribers and all of the latest features for streamers and artists.
Spotify reports their second quarter financial performance, detailing the number of monthly active users and paying subcribers as of the end of June 2021. See the full infographic below. To review the full earnings release document, click here. To hear the webcast Q&A, click here.
To see how these numbers stack up against their first quarter 2021 results, click here. To see how these numbers stack up against the competition from streaming services such as Apple Music, Amazon Music, YouTube Music, Deezer, Pandora and more, click here.
Alongside impressive numbers, Spotify also announced all of the latest updates to their platform for listeners and artists. These include a new miniplayer on Facebook, Only You – showing listeners their unique listening habits, the acquisition of podcast discovery platform Podz, launching Spotify Greenroom – their live audio Clubhouse competitor, updates to Your Library on mobile and more mobile accessibility features. New features designed for creators include Paid Podcast Susbcriptions to help podcasters earn revenue and the Fresh Find program to give developing artists tools and education.