300 Million Premium Subscribers and 777 Million Monthly Active Users, Marking a 12% Year-over-year Increase Despite Recent Price Hikes

The company reported quarterly revenue of 4.8 billion euros ($5.5 billion), up 14% from the previous year. Spotify leads the music streaming market, followed by Tencent Music Entertainment with 127. Deezer and TIDAL trail with fewer than 10 million paid subscribers each.