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2025 Q1 Earnings: Here’s What Every Music Company Made
Spotify, Universal Music Group, HYBE and more have reported earnings for Q1 2025. Here's every music company's report for the period in one place.
Despite a plateauing of the growth curve, revenue from streaming subscriptions continues to drive relative stability at Spotify, Unversal Music Group and Deezer, companies that each reported earnings on Tuesday (April 29) for the quarter that ended March 31. That 12% increase in paying streamers was the streaming and podcast company’s highest first quarter subscriber gains since early in the COVID-19 pandemic, showing the “resilient” appeal of music amid the backdrop of global uncertainty, execs said. Its podcast business, which launched two Alex Morgan channels in the quarter, reported a 33% revenue increase and 70 million monthly listeners.
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