25-07-2023 19:10 via digitalmusicnews.com

Spotify Posts Record User Growth — and a €247 Million Operating Loss — for Q2 2023

Spotify achieved all-time-high quarterly user growth – and suffered a €247 million operating loss – during 2023’s second quarter, according to a newly released earnings report. The Stockholm-headquartered audio-entertainment platform posted its Q2 2023 financials this morning, after raising prices in north of 50 markets (including the United States) yesterday. As of June’s end, Spotify […]
The post Spotify Posts Record User Growth — and a €247 Milli
Read more »