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Spotify saw paying subscribers rise 12 percent to 276 million customers in the second quarter of 2025, the world’s top music streaming service said on Tuesday, though profits fell below expectations.
“People come to Spotify and they stay on Spotify. By constantly evolving, we create more and more value for the almost 700 million people using our platform,” said Daniel Ek, the Swedish company’s founder and CEO.
The Swedish company saw a greater-than-predicted 11 percent year-on-year increase in its totally monthly active users to 696 million.
Yet…
