fromThe Hollywood Reporter
1 week agoSpotify Adds Record 38 Million Monthly Active Users
Spotify reached 290 million paid subscribers in its fourth quarter, up 10 percent year over year. Overall, monthly active users hit 751 million, an increase of 38 million, marking the highest number of net adds in Spotify's history. Both users' numbers were above Spotify's guidance. The company attributed the growth in monthly active users to a successful Wrapped campaign, as well as enhancements to the free tier on mobile.
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