Spotify paying subscribers pass 200M, but quarterly loss climbs almost 700%

9to5Mac
By Ben LovejoyJan 31, 2023, 8:41 am305 pts
The number of Spotify paying subscribers passed 200 million for the first time in the last quarter. The company added 10M new subscribers to hit 205M paid accounts, and 489M in total. However, the company – which has almost never posted a quarterly profit – saw a dramatic increase in its quarterly loss,…

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