Euroify
July 30, 2021
Spotify makes - 4 euros per user per month!
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Spotify's Premium Subscriber base grew to 165 million in the second quarter of 2021, which was up 20% year-on-year. The company’s total global monthly active users grew 22% year-on-year to 365 million in Q2 2021. Spotify’s Premium subscriber growth translated into revenue of €2.056 billion in Q2. That's big numbers, there are some small numbers, on which everything depends really - the firm’s average monthly revenue per subscriber landed at €4.29 in Q2. Music Business Worldwide takes a closer look at the numbers.