The music streaming service Spotify published its latest quarterly figures for the second quarter of 2022 today submitted and continues to show consistent growth, unlike Netflix’s video streaming competition. The number of paid premium accesses has increased to 188 million – this is a solid 14 percent more than in the same quarter of the previous year.
Monthly active users grew to 433 million, up 19 percent from the same quarter last year. Unfortunately, a comparison with Apple Music is still not possible, since Apple has not published any current figures on the growth or stagnation of its own subscribers since 2019.
Car Thing is discontinued
On the fringes of the announcement of the quarterly figures, the Scandinavians said goodbye to their hardware experiment, the Car Thing, which was not even six months old.
In the USA only introduced at the end of February 2022the Car Thing was supposed to replace the separate auto view of the Spotify app with a standalone screen that would make it possible to control ongoing playback without reaching for the smartphone – but the smartphone itself was still required for playback even if a Car Thing was installed in the car.
Now the 31 million dollar project is being discontinued, new units are no longer to be produced, but those that have already been delivered are to continue to function for the time being.
As Spotify explains, the main goal of the Car Thing was to better understand the listening habits of users in the vehicle. In addition to hesitant demand, problems in the supply chain also contributed to the decision to stop production.
No word on the Hi-Fi launch
What was not mentioned in the context of the announcement of the quarterly figures was the lossless offer Spotify Hi-Fi. This should actually start at the end of 2021but is still a long time coming.
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