Spotify beat guidance for monthly active users in the first quarter, as the number of consumers on the streaming giant’s ad-supported tier rose by double-digits, helping the streaming giant meet its revenue target despite a 5% decline in ad-supported revenue.

Spotify reported it added 10 million monthly users for a total of 761 million monthly active users (MAUs), driven by ad-supported MAUs rising 14% to 483 million in the quarter ending March 31 compared to a year ago. Premium subscribers rose by 9% to 293 million, in line with target expectations. The company reported 4.5 billion euros ($5.3 billion) in revenue for the first quarter, as 10% growth in subscriber revenue outweighed a 5% decline in revenue from ad-supported accounts compared to a year ago.

An ongoing concern for streaming companies has been achieving growth even after most adults in developed markets have streaming accounts. Spotify’s executives noted they saw growth in their free tier in highly saturated markets like the United States, with users there listening and watching content more frequently each month since Spotify rolled out certain personalization features.

“We’re well positioned because of our large, engaged user base, deep creator relationships, and years of investment in personalization and infrastructure at scale,” co-CEO Gustav Söderström said in a press release. “These create a platform that can take advantage of this moment and unlock entirely new growth vectors that will enable us to climb new mountains previously unimaginable. We see significant room to grow across users, formats and engagement and to expand what Spotify is and can become over time.”

Revenue from premium accounts in the quarter rose 10% to 4.15 billion euros ($4.87 billion), while revenue from ad-supported accounts declined 5% to 385 million euros ($456.6 million).

Gross profit rose 13% in the quarter from a year ago for a gross margin of 33%.

The company will discuss earnings during a presentation to investors at 8 a.m. New York time. The company’s stock was down 4.28% in pre-market trading.

Here are the key take-aways from Spotify’s first quarter results:

Breakout folk duo Buffalo Traffic Jam will make their debut trip to Australia and New Zealand later this year, announcing a four-date run across the region as part of their Down Under Tour 2026.

The Montana-based pair — comprised of Frankie Cassidy and Nathan Ross — will kick off the tour on Oct. 28 at The Tuning Fork in Auckland, before heading to Sydney’s Metro Theatre on Oct. 31, Brisbane’s Fortitude Music Hall on Nov. 4 and Melbourne’s Northcote Theatre on Nov. 7.

The dates mark the duo’s first performances in both territories, arriving on the heels of a sold-out U.S. tour that has helped expand their audience beyond their home market.

Tickets for the shows will go on sale May 1, following a Live Nation presale beginning April 30.

Buffalo Traffic Jam have steadily built momentum over the past year, driven by a run of independently released material and growing streaming numbers. Their latest project, Take Me Home, has generated more than 8 million streams across platforms, adding to a catalog that includes early singles “Rescue Me” and “Forgot Your Roots.”

Formed in Bozeman, Montana, the duo first connected as students at Montana State University before developing a sound rooted in traditional folk instrumentation and harmony-driven songwriting. Their recent rise has been fueled by touring, including festival appearances at Under the Big Sky and Redwest Fest, as well as support slots alongside country singer-songwriter Dylan Gossett.

The upcoming tour places Buffalo Traffic Jam within a growing wave of U.S. folk and country-adjacent acts finding traction in Australia, where audiences have increasingly embraced stripped-back, narrative-driven songwriting alongside mainstream country imports.

While still early in their international rollout, the Down Under dates represent a key step in the duo’s expansion beyond North America, offering a first look at their live show for audiences in the region.

Buffalo Traffic Jam — Down Under Tour 2026

Oct. 28 — Auckland, NZ @ The Tuning Fork

Oct. 31 — Sydney, AU @ Metro Theatre

Nov. 4 — Brisbane, AU @ Fortitude Music Hall

Nov. 7 — Melbourne, AU @ Northcote Theatre

Producer and songwriter Mark Ronson is set to receive an Honorary Clio Award at the 2026 Clio Awards, which will be held on May 12 at Cipriani in New York City.  Actor, writer, and producer Keegan-Michael Key will host the event, which will bring together top creative talent from across advertising, marketing and communications.

Each year, the Honorary Clio Award recognizes individuals whose work has had a lasting impact on popular culture. “With this award, the Clios recognize Ronson’s enduring influence on music and culture, and his ability to shape sound in ways that resonate across entertainment, advertising, and beyond,” the organization said in a statement.

In addition, multidisciplinary artist Mickalene Thomas will receive an Honorary Clio Award “for her transformative impact on contemporary art and visual culture.”

Ronson, 50, has won nine Grammy Awards, including two awards for record of the year – as producer and engineer/mixer of Amy Winehouse’s “Rehab” and as artist, producer and engineer/mixer of his own megahit “Uptown Funk!,” featuring Bruno Mars. He won an Oscar and a Golden Globe for cowriting the Lady Gaga/Bradley Cooper collab “Shallow” from A Star Is Born. Last year, he received his first Primetime Emmy nod as an executive producer of SNL50: The Homecoming Concert.

Ronson has also worked with Adele, Paul McCartney, Miley Cyrus, Dua Lipa and more. His memoir, Night People: How to Be a DJ in ’90s New York City, became a New York Times bestseller and is currently being adapted for film.

Key has built a career that spans film, television, theater, and voice acting. He first rose to prominence as the co-creator and co-star of Comedy Central’s Key & Peele, which earned a Primetime Emmy for outstanding variety sketch series. His recent work includes roles in The Super Mario Bros. Movie, Wonka and Schmigadoon! and his bestselling book The History of Sketch Comedy.

The Clio Awards were founded in 1959 to honor excellence in advertising around the world.

Josh Groban is set to receive a star on the Hollywood Walk of Fame on May 6, two days before the release of his new Reprise album Cinematic, a collection of film songs, and his performance that same night at the Grammy Hall of Fame gala, where his record company, Warner Music, is being honored.

Groban will receive the 2,843rd star on the Walk of Fame on May 6 at 11:30 a.m. PT at 6212 Hollywood Boulevard, in front of Amoeba Records. The event will be streamed live at www.walkoffame.com. Groban will receive his star in the category of recording.

Three longtime Groban friends and associates are set to speak at his star ceremony: David Foster, who mentored Groban early on and produced several of his hit albums; Josh Gad, whose friendship with Groban dates to the time they were both classmates in the musical theater program at Carnegie Mellon University; and Ben Schwartz, with whom Groban worked in the 2013 comedy film Coffee Town. Foster received a star, also in the category of recording, in 2013.

Ellen K, iHeart Media personality, will emcee the event. She received a star in the category of radio in 2012.

“The Hollywood Chamber of Commerce is proud to welcome singer Josh Groban to the Hollywood Walk of Fame,” Ana Martinez, Walk of Fame producer, said in a statement. “Josh has this incredible way of connecting with people through his music. It’s been amazing to watch his journey over the years.”

Groban, 45, has had three No. 1 albums on the Billboard 200: Closer (2004), Noel (2007) and All That Echoes (2017). He has received five Grammy nominations, including three for best traditional pop vocal album. His new album Cinematic, produced by Greg Wells, may put him back in contention in that category. The 10-track collection includes songs from films including The Godfather, Casablanca, Breakfast at Tiffany’s and Stand by Me.

Groban has also received two Tony nominations for best actor in a musical (for Natasha, Pierre & The Great Comet of 1812 and the 2023 revival of Sweeney Todd) and two Primetime Emmy nods (for co-hosting the 2018 Tony Awards with Sara Bareilles and co-writing a song for the show).

Foster and Teddy Swims will perform at the 2026 Grammy Hall of Fame Gala in tribute to Warner Records, which is this year’s recipient of the Visionary of Music Award. The Gala, presented jointly by the Recording Academy and the Grammy Museum, will be held on Friday, May 8 at The Beverly Hilton in Beverly Hills, Calif.

Groban recently completed his GEMS World Tour. In June, he will head back out on the road for a North America tour with special guest Jennifer Hudson. In the fall he will return to The Colosseum at Caesars Palace for Josh Groban: GEMS – The Las Vegas Residency.

Groban remains an active arts education philanthropist and advocate. His Find Your Light Foundation seeks to enrich the lives of young students through arts, education, and cultural awareness.

The Hollywood Chamber of Commerce administers the Walk of Fame for the City of Los Angeles and has hosted the iconic star ceremonies for decades. Millions have visited this cultural landmark since 1960.