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29th July 2021, 08:06 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,514
| Spotify added more paying customers than free ones last quarter Three months ago, Spotify predicted that user growth would start declining, because COVID-19 had prompted so many people to sign up than expected. Today, the audio giant was proved right, as new signups fell to nine million new users in the most recent quarter. That said, slower growth isn’t always a bad thing. Of that nine million figure, seven million users signed up for Premium, versus just two million who went ad-supported. It means that Spotify was also able to announce a second successive quarter of profitability after a long period of losses. https://www.engadget.com/spotify-q2-...0.html?src=rss |
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