Spotify Reports 40 Percent Increase in Premium Subscriptions in Q2 2018

Though Spotify reported an operating loss for the second quarter of 2018, the popular streaming music service also reported growth in paid subscriptions and

Though Spotify reported an operating loss for the second quarter of 2018, the popular streaming music service also reported growth in paid subscriptions and revenue. At the end of the second quarter, Spotify (NYSE: SPOT) had 180 million monthly active users, a 30 percent increase, and 83 million premium subscribers, a 40 percent increase. Total revenue for the quarter was 1.273 million, a 26 percent increase year-over-year....

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Filed in Business Services, Consumer Services, Entertainment and Streaming, FInance, Freemium, News, Revenue and Sales, Subscription Apps

Dana E. Neuts

Dana Neuts is Subscription Insider's Editorial Director, covering our daily subscription news as well as member features, case studies, premium content, and reports. Dana is also a writer, editor, marketer and communications professional. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!