Music service Spotify has managed to boost the number of people streaming music, podcasts and audiobooks on the platform, despite increasing competition in the streaming industry.
Paid subscribers in the last three months of 2025 jumped by 9 million, to 290 million - helping net profit rise to €1.17bn, the music giant said in its financial results released on Tuesday.
Although the Swedish firm said it paid almost $11bn to artists, criticisms remain that the platform does not pay enough to musicians for having their songs on its platform.
Spotify has over 750 million users, comprised of paying and non-paying subscribers, who each get a curated summary of their listening habits at the year-end.
It highlighted its "Spotify Wrapped" feature for engaging users.
