Streaming giant Spotify has become the first music service to surpass 200 million paid subscribers, after hitting 205 million on December 31, 2022.
It marks a 14% increase from the previous year, as outlined in its annual earnings release, The Verge reports.
The streaming service also saw a jump in the number of non-premium subscribers, with its overall monthly active users (MAUs) growing by 20% to 489 million, surpassing the company’s expectations.
Why are so…
