Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.
Spotify raked in enough cash and new subscribers in 2024 to celebrate its first full year of profitability since the service was launched in 2008. The announcement comes as part of Spotify’s fourth-quarter earnings release, with net profits at €1.14 billion (around $1.17 billion) for the whole of 2024, compared to the €532 million (around $549 million)
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