most popular in the world music and podcast one of the platforms Spotifyannounced its financial report for the second quarter of the year. In the report shared by Spotify, it was observed that the company continued to lose money, although it was observed that there was an increase in the number of users, unlike Netflix.
The number of Spotify users reached 433 million
Spotify, which has 422 million registered subscribers in the first quarter of the year, is in the new report. 433 million to the subscriber reported to have arrived. These subscribers 188 million with paid option to premium was registered. It was observed that the number of premium subscribers increased by 6 million compared to the previous quarter.
felt all over the world lately inflation crisisIt doesn’t seem to have affected the Spotify front. Considering that Netflix lost almost a million subscribers, the increase in Spotify did not go unnoticed. But the audio platform’s earnings still lag behind its spending.
Spotify and Barcelona partnership became official: Here is the new name of the historical stadium!
The previously announced partnership between the music and podcast streaming platform Spotify and the Barcelona club has become official. The new name of the stadium has also been announced.
In the second quarter of the year, Spotify increased its social media investments especially to advertise the family plan. 197 million dollars loss reported that he did. Lately audiobooks and podcasts Turning to their content, the company stated that they are “satisfied with keeping their operations flexible”.
The Barcelona partnership also draws attention in the marketing expenses of the company. Aiming to bring music and sports together, the partnership is the name of Europe’s largest stadium “Spotify Camp Nou” he turned it into. Spotify for this sponsorship 5 million euros was given to pay.
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