You’ve had a lot of questions over the last few days about our platform policies and the lines we have drawn between what is acceptable and what is not.
In that role, it is important to me that we don’t take on the position of being content censor while also making sure that there are rules in place and consequences for those who violate them. We know we have a critical role to play in supporting creator expression while balancing it with the safety of our users. Personally, there are plenty of individuals and views on Spotify that I disagree with strongly. Pick almost any issue and you will find people and opinions on either side of it. To our very core, we believe that listening is everything. Spotify said it expects first quarter subscribers to come in at 500 million, beating estimates of 492.2 million.Īlexandra is a Senior Entertainment and Media Reporter at Yahoo Finance.A decade ago, we created Spotify to enable the work of creators around the world to be heard and enjoyed by listeners around the world. Premium subscribers grew 10 million in the quarter to reach 205 million ad-supported users jumped by 22 million to total 295 million. Spotify's total monthly active users topped expectations in the fourth quarter, coming in at 489 million against forecasts for 478 million with both premium and ad-supported subscribers surging past estimates. "Nothing specific to announce at this point," Ek said on the call, noting the company increased price points in 40 markets around the world in 2022 but has taken "a balanced portfolio approach" when it comes to its pricing strategy. In a modest surprise, the company did not raise prices on its U.S.-based premium subscription plan, despite recent hikes at Apple Music ( AAPL) and YouTube Premium ( GOOGL). Spotify, which provides free on-demand music or ad-free tunes for paying customers, said it will now also provide video content and podcasts. Spotify CEO Daniel Ek speaks during a press event in New York May 20, 2015.
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