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ICE Ad Controversy

The controversy surrounding ICE ads and its potential impact on Spotify's growth.

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Jan 27, 2026
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How did Spotify’s subscriber numbers and revenue change in Q4 2025 after the ICE ad controversy?

entered on a growth trajectory: paid subscribers reached 281 million in Q3 and management guided to 289 million by end‑Q4, while total revenue for Q3 was €4.3 billion with guidance for roughly €4.5 bi...