Spotify Technology S A : Journey to 200 Million Subscribers
February 03, 2023 at 03:19 pm EST
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This week, as part ofSpotify's quarterly earnings announcement, we shared that we have officially surpassed200 million subscribers. These fans are the heart of Spotify, and look to us to discover new music and podcasts, stay attuned to culture, and connect with their favorite creators.
Also thanks to our subscribers, we're able to:
Innovate: We invest back into the product, rewarding subscriber loyalty with the very best user experience through features likeBlend,Discover WeeklyandWrapped.
Expand: We've grown with our users, offering life stage and market-tailored plans likeFamily,Studentand Spotify Mini.
Scale: We're now live inover 180 markets, creating a truly global community united by audio.
Support:We've paid music rights holders, including record labels, publishers, distributors (and more) $30 billion since our founding.* We're also using our platform and marketing to amplify and support artists, with programs like Frequency, Radar, EQUAL, and the recently launched GLOW. (*As of December 2021)
Take a look back at a few of the milestones in a journey that began at our 2008 launch.
Spotify Technology SA published this content on 01 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2023 20:18:04 UTC.
Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.
SPOTIFY TECHNOLOGY S.A. 
