Spotify Hits 205M Paid Subs, Grows Fourth-Quarter Ad Revenue

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Spotify Hits 205M Paid Subs, Grows Fourth-Quarter Ad Revenue
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The music streaming giant, led by CEO Daniel Ek, also says net additions of 33 million to 489 million monthly active users 'represented our largest-ever fourth-quarter growth.'

ended 2022 with 205 million premium, or paying, subscribers, up from 195 million as of the end of the third quarter.

Spotify also said on Tuesday that it hit 489 million monthly active users as of the end of December, up from 456 million as of the end of September. “Net additions of 33 million represented our largest-ever fourth-quarter growth, had previously forecast it would end the year with 202 million premium subscribers and 479 million MAUs.

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