Spotify Beats Expectations for Paid Subscribers After Price Hikes to Hit 246M
Spotify hit 246 million paying subscribers in the second quarter of 2024, up 12 percent year-over-year. The total number of paid subscriber additions, up 7 million, was 1 million above guidance. Shares of Spotify were up 14 percent in pre-market trading Tuesday. Spotify added a less expensive ad-free plan in June, for $10.99 a month, […]
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