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Digital Economy

Netflix had 302 million subscribers at the end of 2024, adding 19 million new subs in Q4

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Netflix finished 2024 with two records — a pool of subscribers exceeding 300 million globally and record revenue slightly under $40 billion. During the full year, the video streaming service added 41 million net subscribers to 301.6 million, with a record addition of 19 million in Q4 2024. The service estimates it reaches over 700 million people in the world.

Overall, USA-Canada accounted for 89.63 million in subscribers, EMEA for 101.13 million, Latin America for 53.33 million and Asia-Paci...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Deezer grows direct subscribers’ base as revenue drops 1.6% to €131.9m in Q1 2026

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Music streaming service Deezer has increase its direct subscribers' portfolio both in France and in the rest of the world while partnerships subscribers dropped significantly by 23% during the first quarter of the year. Total subscribers' count reached 8.9 million, down 5.1% from 9.4 million in the same quarter a year prior. Direct subscribers accounted for 5.7 million, up 9% year-on-year. Meanwhile, partnerships subscribers amounted to 3.2 million in Q1 2026, down 23.0% year-on-year, reflectin...

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Digital Economy

Spotify surpassed 760 million monthly active users at the end of Q1 2026

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Spotify closed the first quarter of the year with a record 760 million monthly active users, up 12% year-over-year, of which there were 293 million paid subscribers, up 9% over the same quarter a year prior. During the quarter, the business added 10 million MAUs, with a subscriber net addition of 3 million. The music streaming platform said that during the quarter, MAU and subscriber growth "remained strong" while the company delivered its second-highest gross margin to date. "Q1 results were i...

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Digital Economy

Texas opens investigation into streaming services over allegations of payola

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Texas Attorney General Ken Paxton has launched an investigation into leading streaming services including Spotify, Apple Music, Pandora, Amazon Music, and YouTube Music, over "alleged payola schemes in which they accept bribes to artificially promote certain songs, artists, or content." The office of the Attorney General said in a statement that the investigation was motivated by "a range of activities [that] have been identified as payola, including record labels or artists paying to be includ...

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