Spotify hit 777 million total users and 300 million paid premium subscribers in the past quarter, company executives shared in an earnings release on Tuesday, along with an AI-driven increase in expenses.

The company called India and Indonesia “very populous” and “lucrative” markets as it moved to improve conversion from its large free-user base

Spotify grew its global Premium Subscriber base to 300 million paying users in Q2 (the three months to the end of June). That’s according to the company’s latest financial results (for Q2 2026 ), published on Tuesday (August 4).

Spotify says Merlin, which represents more than 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists’ music while ensuring artists opt in,

Snoop Dogg has accused Spotify of paying only $45,000 for a billion streams, threatening legal action unless the platform explains its royalty calculations.

It is the first time overseas services have held both of the market’s top two positions, according to WiseApp Retail, with Google’s YouTube Music still in first.

The partnership is backed by the 'HALF the Experience' campaign, using an incomplete concert to show how interruptions can affect music listening.

Spotify introduces Premium Rewards in India, offering brand discounts, exclusive events, and partner benefits to enhance the value of its Premium subscription.

Aug 4 (Reuters) - Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing user growth in major markets of Europe and North America, driving shares nearly 4% lower in premarket trading.