Vaganova academy, School in Saint Petersburg, Russia

New Delhi, April 27 Swedish music streaming service Spotify on Wednesday said its premium subscribers jumped 15 per cent (on-year) to reach 182 million in the first quarter (Q1) of 2022, up from 180 million in the previous quarter, despite the Joe Rogan controversy involving Covid misinformation on his podcast.The company said its monthly active users (MAUs) went up 19 per cent year-on-year to 422 million up from 406 million last quarter and above its guidance by 4 million."We delivered another strong quarter building on momentum from 2021. Grateful for the tireless work of the @Spotify team on behalf of creators and listeners around the world," tweeted Daniel Ek, CEO of Spotify.The growth in premium subscriber base was "slightly below our guidance," said Spotify in a statement, after "excluding the involuntary churn of approximately 1.5 million subscribers as a result of our exit from Russia" in the wake of Ukraine invasion."The business benefited from outperformance in Latin America and Rest of World, led by Indonesia, Brazil, and Mexico. MAU growth was particularly strong in our Gen Z audience," said the company.During Q1, Spotify entered into a multi-year agreement with Google for 'User Choice Billing', bringing Android users greater flexibility in payment choice and enabling a frictionless user experience for all in-app transactions."We anticipate this new offering to launch later this year. Users who have downloaded Spotify from the Google Play Store will be presented with a choice to pay either with Spotify's payment system or with Google Play Billing for the very first time," said the company.It also announced a data access programme with Airtel, whereby Airtel is offering all Spotify customers complimentary connectivity to Spotify in Nigeria.During the March quarter, Spotify announced the acquisition of Podsights, a leading podcast advertising measurement service that helps advertisers better measure and scale their podcast advertising.Additionally, it acquired Chartable, a podcast analytics platform.Spotify announced to suspend its services in Russia at March-end, a few days before the end of the quarter.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Vaganova AcademyFOLLOW

Vaganova academy, Latest News

Amid the ongoing war between Russia and Ukraine, Israel's Ambassador to India, Sri Lanka and Bhutan Naor Gilon on Saturday said that his country did its best to mediate between the two nations at war and also provided humanitarian assistance to the p ...

A group of 25 civilians was evacuated from the territory of the Azovstal steel plant in Mariupol, where the remaining Ukrainian forces have been hiding since the takeover of the port city by the Russian troops, a Sputnik correspondent reported on Sat ...

New Delhi, April 30 Samsung Electronics has retaken the top spot from Apple in the global smartphone market ... ...

Kiev, April 30 Ukrainian President Volodymyr Zelensky announced that another mass grave has been discovered in the Kiev ... ...

US President Joe Biden will raise the issue of a unified response against Russia in the upcoming Quad summit in Toyko next month and will provide an update on the steps Washington is taking to help Ukraine amid the ongoing conflict, the White House s ...

The European Commission announced on Thursday the creation of a regional taskforce in Sofia that will shop around for energy supplies ahead of winter after Russia stopped pumping gas to Bulgaria and Poland. ...

London, April 28 A fatal design flaw in Russian tanks dating back to the Gulf War has made ... ...

New Delhi, April 27 Swedish music streaming service Spotify on Wednesday said its premium subscribers jumped 15 per ... ...