Spotify Reports $669M Profit For Q3 As Paying Subscribers Hit 281 Million
PositiveEntertainment

Spotify has reported impressive financial results for the third quarter, with a profit of $669 million and a significant increase in paying subscribers, reaching 281 million. This growth, driven by a 28% rise in operating income and a 7% increase in revenue, highlights the platform's strong position in the music streaming industry. With total active monthly users now at 713 million, Spotify's performance not only exceeds expectations but also reflects the growing demand for digital music services, making it a key player in the market.
— Curated by the World Pulse Now AI Editorial System







