14 min listen
Music Ally Focus #25: Spotify's Q2 results – huge revenue growth, slow user growth outside of Europe, N America and Latin America, and reveals an oper…
FromMusic Ally Focus
Music Ally Focus #25: Spotify's Q2 results – huge revenue growth, slow user growth outside of Europe, N America and Latin America, and reveals an oper…
FromMusic Ally Focus
ratings:
Length:
20 minutes
Released:
Jul 29, 2021
Format:
Podcast episode
Description
Spotify has published its financial results for the second quarter of 2021: it now has 365 million monthly active users (MAUs) including 165 million premium subscribers, and added nine million users and seven million subscribers during Q2. The results also contained some interesting info about Greenroom, its Clubhouse-style app, showed slow growth in the "Rest of World" areas – and revealed an operating profit of €12m in Q2. Music Ally's Stuart Dredge and Joe Sparrow rummage around in the announcement and pull out the vital facts.
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? Music Ally’s free weekly newsletter, The Knowledge: musically.lnk.to/knowledgepo
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Ⓜ️ Subscribe to Music Ally's industry-standard analysis, reporting and news: musically.com/subscribe
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Twitter: https://twitter.com/musically
Facebook: https://www.facebook.com/musicallyfb
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Send in a voice message: https://anchor.fm/musically/message
Released:
Jul 29, 2021
Format:
Podcast episode
Titles in the series (100)
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