Spotify Monthly Active Users Up 24% Over 2020 – 345 Million
By : Murray Stassen
Source : Music Business Worldwide
Spotify published its financial results for Q1 2021 today (April 28), revealing that its global Premium Subscriber base grew to 158 million in the quarter (ended March 31).
That was up 21% year-on-year, but up by just 2%, or 3 million subscribers, on the 155m that SPOT counted at the end of the prior quarter (Q4 2020).
The company’s total global Monthly Active Users, (MAUs), meanwhile, grew 24% year-on-year to 356m in Q1 2021 and by 3% compared to the previous quarter (Q4 2020) when the platform counted 345m MAUs.