Music streaming giant Spotify beat investor forecasts and managed to do better than expected during the COVID-19 pandemic. Spotify witnessed substantial growth in the total userbase, subscriber count, and listening hours (reaching back to pre-COVID-19 levels) but the operating costs increased 48% and ad revenue fell 21% in Q2 2020. Spotify now has 299 million […]
The article Spotify Amasses 138 Million Paying Subscribers, 299 Million MAUs Globally in Q2 2020 was first published on Beebom
from Beebom https://beebom.com/spotify-138-million-paying-subscribers-q2-2020/
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