Spotify subscribers hit 180 million in Q4 2021, a 16% increase year on year, according to its recently released Q4 2021 financial results. Monthly Active Users (MAU) increased 18% to 406 million. Revenue of €2,689 million was up 24% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €394 million up 40% from a year before. The company posted a […]
SiriusXM reaches 32 million paying subscribers in 2021 adding 1,152,000 net new subscribers for 2021, a 27% increase from the 909,000 added in 2020. Total revenue for the group reached a record $8.70 Bn in 2021 – an Increase of 8% compared to 2020. Net income climbed to $1.3 Bn which exceeded expectations for the year. SiriusXM’s hardware was incorporated into approximately 82% of new vehicles sold in the US in 2021, up from approximately […]
Spotify clarifies its approach to COVID-19 explaining its Platform Rules and the work it has done to promote informational awareness during the pandemic. In a blog posting Daniel Ek, CEO and Founder of Spotify sets out its platform policies in the wake of the disagreements over Joe Rogan’s podcasts which led to Neil Young removing his music from the streamer. Ek goes on to say that, “You’ve had a lot of questions over the last […]
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