0
Broadband

Spotify Q1 results top forecast as paid subscribers pass 100 mln

Monday 29 April 2019 | 15:13 CET | News
Spotify hit 100 million paid subscribers in the first quarter, at the high end of its outlook, supported by its tie-in with Google speakers and launch in India. The company also reported better-than-expected profitability, leading to a small improvement in its full-year outlook for reduced operating losses. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Spotify
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Spotify growth stronger than expected in Q3, CFO to retire

Published 28 Oct 2019 12:23 CET | World
Spotify reported better-than-expected results for the third quarter. Total monthly active users grew 30 percent year-on-year to ...

Spotify results beat expectations after adding 8 mln new subscribers

Published 31 Jul 2019 13:21 CET | World
Spotify reported better-than-expected financial results for the second quarter, but fell short of its expected growth in paid ...

Swedish data authority probes Spotify for compliance with GDPR

Published 12 Jun 2019 13:38 CET | Sweden
The Swedish Data Inspection Authority said it is investigating Spotify's handling of customer requests under GDPR to find out ...

Spotify tests in-car device in US

Published 20 May 2019 13:21 CET | United States
Spotify announced it is testing a device in the US to see how Americans use its service when in the car. The company said it ...

Last week in media: Alphabet leads sector down, Facebook and Google working on privacy, Sinclair nearing deal with Disney

Published 06 May 2019 07:00 CET | World
The Telecompaper Stock Index Global Consumer Media was down 1.8 percent in week 18, led by Alphabet (-6.8%) after reporting weak ...

Spotify kent goed eerste kwartaal en stijgt naar 100 miljoen abonnees

Published 29 Apr 2019 15:31 CET | World
Spotify ging in het eerste kwartaal voorbij de 100 miljoen betaalde abonnees, ondersteund door de koppeling met ...

Spotify tests Premium Duo subscription

Published 28 Mar 2019 15:36 CET | World
Spotify has launched a new type of subscription in five countries, called Premium Duo. Aimed at couples or friends, the ...

Spotify to acquire Parcast

Published 26 Mar 2019 18:07 CET | World
Spotify Technology entered into a definitive agreement to acquire Parcast, a premier storytelling-driven podcast studio. Terms of ...

Samsung pre-installs Spotify on all mobile devices

Published 11 Mar 2019 08:54 CET | World
Samsung started pre-installing Spotify on all of its mobile devices from 8 March. The move comes after Samsung integrated the ...

Spotify India hits 1 million unique listeners in first week

Published 05 Mar 2019 09:09 CET | India
Spotify announced that it has already reached 1 million unique users in India on both its free and premium tiers less than a week ...

Spotify music streaming service goes live in India

Published 27 Feb 2019 10:18 CET | India
Music streaming platform Spotify has launched its service in India, with features tuned for Indian music fans. Spotify's India ...

Spotify to expand in podcasts as growth expected to slow in 2019

Published 06 Feb 2019 13:08 CET | World
Spotify reported strong results for the fourth quarter, at the high end of its outlook thanks to a strong holiday sales campaign. ...

Spotify reaches 200 mln MAUs worldwide at end-December

Published 15 Jan 2019 13:16 CET | World
Spotify reached 200 million customers worldwide in December, Music Business Worldwide reported, citing statements made by ...

Spotify to start USD 1 bln share buyback programme in Q4

Published 06 Nov 2018 15:18 CET | World
Spotify said it will be starting a share buyback programme in the fourth quarter for up to USD 1.0 billion worth of stock. ...

Spotify meets outlook for subscriber growth, warns for margin pressure

Published 01 Nov 2018 13:32 CET | World
Spotify reported third-quarter results in line with its guidance, adding another 11 million users for a total 191 million at the ...





Calendar   /   Industry Events

18 Feb Magyar Telekom Q4 2019
18 Feb Hrvatski Telekom Q4 2019
18 Feb Ceva Q4 2019
18 Feb TiVo Q4 2019
18 Feb Vonage Q4 2019
18 Feb Smartone H1 results
19 Feb Dish Network Q4 2019
19 Feb OTE Q4 2019
19 Feb Spark H1 results
19 Feb Technicolor Capital Markets Day
19 Feb Telefonica Brasil Q4 2019
19 Feb Ribbon Communications Q4 2019
19 Feb Gilat Satellite Networks Q4 2019
19 Feb Analog Devices fiscal Q1
19 Feb Telefonica Deutschland Q4 2019
19 Feb Deutsche Telekom Q4 2019
19 Feb CyrusOne Q4 2019
19 Feb Future Generation Optical Transport Networks Summit 2020
20 Feb Axiata Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Interdigital Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Commscope Q4 2019
20 Feb Bouygues Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb Intelsat Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb OTE EGM
::: More Calendar Items