Spotify passes 300 million paying subscribers after second-quarter growth
The music streaming company said its subscriber total topped 300 million after adding users in the second quarter despite price increases in some markets.
Spotify said on Tuesday that its paying subscriber base has climbed above 300 million, as the company continued to add customers in the second quarter even after raising prices in several regions. The update came in its latest business results.
The company said its subscriber count rose 9% in the quarter. That growth came alongside higher prices in some markets this year, suggesting demand held up despite the changes.
Spotify remains one of the largest paid music streaming services globally, and the latest figure marks another milestone in its push to expand beyond its earlier subscriber base. The company did not provide additional detail in the material supplied about regional performance or future guidance.
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