Spotify reports a Profitable Quarter, Customer Growth Amid Price Hike
Premium subscribers increased by 3% from Q2 and 16% year-on-year. Monthly active users grew to 574 million, a 4% increase from Q2 and 26% year-on-year. Audiophile users are eagerly anticipating the upcoming lossless streaming tier called ‘Supremium. Spotify released its Q3 earnings report, which is a positive deviation from the past. The company posted a … Read more