Spotify reports profitable Q3, paying customers increased despite the price hike

24 October 2023
Spotify has 3% more paying customers and 4% more monthly active users QoQ.

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Kevin, 24 Oct 2023Because the time spend downloading and copying to every dev... moreAgree but it depends on how u manage ur time.

while u listen to 1 song... u can download atleast 7-10 songs in the meantime.
and then upload it on cloud for once (u got the backup)
download the same from cloud on ur laptop/desktop (each time when u buy a new 1).

a few hours or maybe 1 day of investment can u save money rather paying for same for ur life time. (make sense ? maybe)

lets check, if u pay 1000rs then its 12000 rs in a year and that goes on and on...... (+ they will increase price so u will pay extra)

money is not time, time is money.... u invest right u be in profit ;)

    music streaming is still incredibly cheap for what you get. I would happily pay double what I currently do for spotify. access to most of the world's music library for a tenner per month is something people would've thought impossible when I was born

      • J
      • Jman
      • pLd
      • 24 Oct 2023

      Jeez, if you hate Spotify guys, just go with Apple Music ;)

        Kevin, 24 Oct 2023Because the time spend downloading and copying to every dev... moreTime=Money. Agree

          • K
          • Kevin
          • JE$
          • 24 Oct 2023

          Djnady99, 24 Oct 2023I do not know why customer pay such subscriptions. YouTube... moreBecause the time spend downloading and copying to every device I listen music could be used to earn money that would pay me the monthly subscription.

            I do not know why customer pay such subscriptions.
            YouTube is available for same song for free.
            one can rather download from many websites.

            Y to pay if u can get it for no cost ? no matter if that is for songs or movies ;)



              • ?
              • Anonymous
              • pkp
              • 24 Oct 2023

              Who is paying for music? They are free alternatives

                • ?
                • Anonymous
                • rJj
                • 24 Oct 2023

                Thank God

                I dont have to use this application

                  It's great that Spotify is finally profitable, but I fear that it will start getting addicted to faster than inflation price hikes to start milking its users soon considering they gained subscribers despite the price hike. I wouldn't be surprised if Spotify is $20/mo in 2026 and $35/mo in 2030.

                    • m
                    • msi
                    • u7V
                    • 24 Oct 2023

                    its just marketing, building opinion

                      Folks, pirating Spotify is morally correct at this point

                        I won't trust greedy Spotify, even again...

                          No one cared about greedy Spotify?