Spotify hits 130 million subscribers amid Covid-19

By 2020-04-29Science & Tech
Image copyright Getty
Image caption Spotify has revealed its quarterly financial results

Spotify has reached 130 million paid subscribers, despite initial concerns over how the Covid-19 crisis could affect listening habits.

The music-streaming platform says it gained six million subscribers in the first quarter of 2020.

It said the figures fell into the higher end of what had been predicted before the coronavirus outbreak.

But analysts have warned Spotify’s quarterly results may not be as positive as the company suggests.

Spotify said a double-digit rise in quarterly revenue had helped offset a decline in ad sales ... Read even more

© 2018 ARCHALIEN.TV All Rights Reserved.

Send this to a friend