Spotify hits 306 million subscribers and expects 316 million by year end

Spotify ended the third quarter with 306 million paying subscribers, up 9% from a year earlier, according to its third-quarter update, published on Thursday. Monthly active users rose 11% to 788 million. Revenue grew 16% to €4.97 billion, or 14% at constant exchange rates. Spotify subscribers grew by 6 million in the quarter, a million […] This story continues at The Next Web

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