2019 Q2
Latest
Spotify adds 8 million paying customers in three months
In the three months since Spotify crested the 100 million Premium user mark, the company has added another 8 million paying customers. It's another sign of health from a music streaming service that continues to grow in the face of tough and well-heeled competition. In its second-quarter earnings, Spotify said that its overall membership grew from 217 million last quarter to 232 million now.
Twitter reports small user growth and small profits
If you ever needed proof that Twitter has reached a natural ceiling for its user figures, then its second quarter numbers are perfect. In the last three months, the company added just five million new daily active users, and coined a net profit of $37 million. Those aren't blockbuster numbers, but they do show that the platform now exists in a pleasant, and profitable, form of stasis.
