Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3 2024.

"We're where we set out to be - if not a little further - and on a steady path toward achieving our long-term goals," said CEO Daniel Ek.

Spotify surpassed the 250 million subscriber milestone and saw its net income more than quadruple during the third quarter, the music streaming heavyweight reported on Tuesday. Wall Street seemed to like what it was hearing,