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US court sides with Pentagon in Anthropic AI ban
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Jay-Z rape accuser says she made 'false accusations'
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Senegal draw first match under Vieira and Nigeria survive scare
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Trump, Xi end summit long on pomp, but short on progress
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US court refuses to overturn Pentagon ban on Anthropic
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Verstappen and Norris blame slow cars as Mercedes tops qualifying
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First US trial against TikTok to open Monday
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Palmer misses 'too many' England games, says Tuchel
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Teen swimmer makes Games history as Thai, Chinese sprinters win gold
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UN refugees chief warns conditions in W.Sahara 'deteriorating'
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Man City found guilty of 114 Premier League charges - reports
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Antonelli 'mad' about crash in Azerbaijan qualifying
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Suspected Paris killer of Argentine rugby star begs forgiveness
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UN Security Council condemns Houthi attacks on Saudi Arabia
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Oil prices fall on cautious hopes for US-Iran progress
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China swimmer makes Asian Games history as Thai wins 100m sprint
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Noskova, Muchova take Czech Republic into BJK Cup final
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Spotify says active users up 11 percent in fourth quarter to 751 mn
Music streaming giant Spotify said Tuesday that its number of monthly active users reached 751 million at the end of its fourth quarter, with the number of premium paying subscribers reaching 290 million.
In the fourth quarter, the company said it added "a record 38 million" monthly active users (MAUs), beating its projections of 32 million.
"It's incredible to think that we now serve over three-quarters of a billion people around the world," co-chief executive Alex Norstrom said in a statement.
Norstrom said that in the fourth quarter, Spotify "met or exceeded guidance across all key metrics".
Spotify founder Daniel Ek left the role as CEO at the start of 2026, handing over the reins to co-CEOs Norstrom and Gustav Soderstrom.
But Ek retains an active role in the management as executive chairman.
The addition of nine million paying subscribers also exceeded the company's guidance by one million, it said.
Spotify also reported a fourth-quarter revenue of 4.5 billion euros ($5.4 billion), up seven percent compared to the same period a year earlier.
For the full year of 2025, it reported a revenue of 17.2 billion euros.
Net profit for the fourth quarter was 1.2 billion euros, up from 367 million euros a year earlier.
Looking forward, the company said it expected to reach 759 million MAUs by the end of the first quarter of 2026.
P.Vogel--VB