Total ad revenue for the quarter represented a roughly 1.9 percent decrease compared to the previous year for the video giant.
CEO Daniel Ek said Spotify would 'consider raising prices' in light of hikes at Apple Music.
Gross margin fell two percentage points to 24.7% from 26.7% a year earlier.
Investors bet Apple's move will trigger higher prices for streaming industry-wide.
The workers, who are attempting to join IATSE, say the streamer declined their request for voluntary recognition.
The increases amount to $1 monthly for individual plans, $2 monthly for family plans and $10 per year for annual plans.
StemDrop will give TikTok's more than 1 billion monthly users the chance to create their own songs using music "stems" from an exclusive new track written by Max Martin, Savan Kotecha and Ali Payami.
The rapper’s daily radio spins and audience on U.S. terrestrial radio have fallen 21% since Meta and Twitter restricted his social accounts.
Bryan Thoensen, reporting up to Max Cutler, will oversee content strategy and acquisitions with individual audio creators.
Companies like Spotify and Deezer are ramping up their efforts to hook their users on products with better margins, from the spoken word to a wellness app.