Coronavirus Sachs Communacopia Paul Vogel Russia pandemic Coronavirus Sachs Communacopia Paul Vogel Russia

Spotify Consumption Back Above Pre-Pandemic Levels, CFO Says

Music streaming giant Spotifyfeels "really good" about how the business has performed since the start of the coronavirus pandemic, with consumption now above pre-pandemic levels, CFO Paul Vogel said during a virtual investor conference session on Wednesday.

Vogel highlighted "better than expected" user and subscriber growth in the first half. Spotify this summer said that its user base had in the second quarter grown to 138 million premium, or paid, subscribers and 299 million total active monthly users as of the end of June.

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