Spotify becomes world’s 1st music streaming platform to surpass 200 Million paid users
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Music streaming platform Spotify on Tuesday announced its premium subscribers base has touched 205 million, representing a 14 per cent increase year-on-year. This makes Spotify the world's first music streaming company to achieve such a large user base. Its monthly active users (MAUs) reached 489 million, a 20 per cent increase (YoY), according to the company's Q4 2022 earnings report.