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HomeBusinessSpotify reaches 306 million paid subscribers as it sets higher profit outlook

Spotify reaches 306 million paid subscribers as it sets higher profit outlook

Spotify reported 306 million Premium subscribers and 788 million monthly active users in its third-quarter update on October 22, while forecasting a stronger operating profit for the final quarter of the year. The announcement puts continuing audience growth alongside the company’s effort to improve the economics of its streaming business. The subscriber and user totals The post Spotify reaches 306 million paid subscribers as it sets higher profit outlook appeared first on PakTribune.

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