Interview: Spotify’s MENA MD reveals how the company is supporting more creators
DUBAI: Spotify, which started as a small startup in Sweden, is now a leading audio streaming company across 178 markets.
The company recently posted financial results for the first quarter of this year, revealing that its monthly active users had grown by 24 percent year-on-year (YOY) to 356 million.
Audiences’ appetite for premium content had also grown as reflected in a 21 percent YOY growth in premium subscribers.
However, Claudius Boller, Spotify’s managing director for the Middle East and North Africa (MENA) region, told Arab News that the upsurge was not just about an increase in the number of users.
“It’s very much across the…