Spotify has 188 million Premium users, but continues to lose money
 

Spotify’s second-quarter financial release shows the streaming giant hasn’t yet felt the dread hand of the looming global recession. Unlike Netflix, which had to report a fall in its overall customer base, Spotify has seen both free and paying accounts grow. It now has 433 million users, up from the 422 million reported at the end of the first quarter. 188 million of those are paying for Premium, a leap of six million from three months ago, while a further four million are signed up on an ad-supported basis.

https://www.engadget.com/spotify-q2-...6.html?src=rss