Spotify shows off 10% more users in Q1/25 financials

Spotify released its Q1/25 financial update. Making more than US$1.4bn profit in the quarter, the company saw a year-on-year growth of 10% monthly-active users to 678 million; 12% growth in premium subscribers (268 million), and 15% growth in total revenue (US $4.7bn). In the prepared comments to investors, Daniel Ek raised concerns about increased economic uncertainty in the world; and bragged that the company can now add new features to their apps six times faster.

Investor Chris Peterson suggests that the results show “podcasts are leading the creator economy.”
Don’t know whether to read anything into this, but the Spotify Earnings Call Replay podcast has yet to be updated.

Wondery has signed a first-look deal with Lindsay Graham and his company Airship. It’s the first time Wondery has done a first-look deal directly with talent. The two collaborate on American History Tellers and American Scandal.

Goalhanger is celebrating hitting one billion streams of its content. The company says it’s the biggest independent podcast producer outside the US.