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Revenues and number of users increased
Spotify, which earned 13.2 billion euros in 2023, in 2024 15.6 billion euros with an increase of 18 % earned income. Company’s total number of active users Increased by 12 %to 675 million The number of premium subscribers on the way out To 263 million with an increase of 11 % rose.
Spotify managed to increase the number of subscriptions, although it increased the price of premium subscriptions twice in 11 months. The company, the price of premium in the US in July 2023 from $ 9.99 to $ 10.99 per month, in June 2024 11.99 dollars raised. Spotify’s individual premium subscription price in Turkey 59,99 TL.
Spotify, new music service last year artificial intelligence supported playlists ve audio book developed with features. However, Spotify has promised for a long time lossless sound It still remains unclear when the option will be released.
Source
https://newsroom.spotify.com/2025-02-04/spotify-reports-fourth-quarter-2024-earnings/
https://www.theverge.com/news/605709/spotify-earnings-q4-2024-profitability
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