Spotify Announces How Many Users It Has Paid-Free

The world’s most popular online music platform Spotifyannounced its financial report for the last quarter of 2021 at an event it organized. In the statements made by the company, $3.25 billion It was stated that $2.58 billion of this was earned from premium subscribers and $443 million from advertising revenues. $3.25 billion in revenue compared to the same period of the previous year 16 percent growth means.

Spotify in its fiscal quarter report for the last quarter of 2021 number of users also mentioned. In the company’s statements, the number of active users increased by 18 percent on an annual basis. reached 406 million expressed. The number of users paying for Spotify increased by 16 percent. over 180 million. However, these statistics did not particularly please the investor. Because Wall Street’s expectation was that the number of Premium subscribers was around 184 million.

Already rocking Spotify shares crash after financial report

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Spotify has been at the center of discussions for a while due to COVID-19. One of the most popular podcasts in the world”The Joe Rogan Experience“at anti-vaccine This brought Spotify against each other, especially musicians. On the other hand; Users also reacted to this situation. Spotify CEO Daniel Ek, who made a statement recently, said that new steps will be taken on the subject. announced. For this reason it has been a while shaky Spotify shares, fell sharply with the release of the financial report. The depreciation reached 18 percent.

CEO Daniel Ek also made evaluations about the financial situation report. Mentioning that the numbers are not bad, the CEO said, to reach more users He said they will do their best. “We want to be the best place for musicians and broadcasters.‘ said Daniel Ek. 50 million musicians and podcasters stated that.