Spotify boosts subscribers and revenue, CEO says 2023 price increases likely

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Spotify boosts subscribers and revenue, CEO says 2023 price increases likely
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The streaming service titan surpassed growth numbers by increasing its monthly active users to reach 456 million.

reported Spotify saw a 13% growth in ad revenue for the third quarter. Ad revenue growth is a big part of their business as it expands into the podcast industry.

Spotify told the WSJ that it now has 4.7 million podcasts available on its platform, up from 4.4 million in the previous quarter. The Wall Street Journal reported that Spotify saw the number of users who listened to shows during the third quarter increase in the "substantial double-digits" from a year ago.By clicking Sign Up, I confirm

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