Friday, 24 March, 2023

Spotify Premium subscribers grew by over 15% even after Russia exit

<p>Spotify saw its premium members increase by over 15% YoY in Q1 2022 which now amounts to 182M users and this is taking into account that Spotify lost 1.5M users as it withdrew from Russia. Along with this, free ad-supported members grew by 21% to reach 252M users. The total active users on the platform topped at a record 422M in Q1 2022 which is 19% higher YoY. Revenue also beat the predicted &euro;2.61B by reaching about &euro;2.66B.<br /> &nbsp;</p>