Spotify crosses the 600M monthly active users mark


Streaming service Spotify announced today that the service now has more than 600 million monthly active users. The company said in its Q4 2023 earnings report that it added 28 million users in the quarter, which marks the second biggest quarterly gain in the company’s history.

The Sweden-based company noted that apart from having 602 million users now, the service has over 236 million paid users — a year-on-year growth of 15%. Additionally, Spotify said that its year-end Spotify Wrapped campaign, which gives insights to users about what they consumed on the platform, drew more than 225 million users.

In November, the company announced that premium users in the U.S. will have 15 hours of listening time per month across 200,000 titles. It also partnered with TikTok to let users save a song in a clip directly to the Spotify app.

 

The story is developing…

 



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