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Introduction

Music streaming service Spotify has started 2019 as it finished 2018: with a rise in revenue, paying subscribers, and users. The only difference is that the company recorded a loss in the first quarter, after two straight quarters of profit.

Highlights

  • The number of paying subscriptions reached 100 million, and the number of monthly active users ended March at 217 million.

Features and Benefits

  • Details the financial results published by music streaming service Spotify for the first three months of this year.
  • Examines revenue details as well as the different operating metrics, such as premium subscribers, user numbers, and ARPU.

Key questions answered

  • How many users and premium subscribers did Spotify have at the end of March?
  • How many users and premium subscribers is Spotify expecting to end this year with?

Table of contents

Ovum view

  • Summary
  • Positive start to the year for Spotify
  • New milestone for paying subscribers
  • Europe and North America concede share to emerging markets

Appendix

  • Author