Business Standard

Spotify user base increases in Q3 2019 as podcast engagement goes up


ANI Internet
Spotify announced its Q3 2019 results, reporting a 30 per cent year-on-year increase in monthly active users at 248 million.
The audio streaming platform highlighted that podcasts are driving user engagement. Spotify recorded a 39 per cent increase in podcast hours streamed quarter-on-quarter, the official blog notes.
Spotify now boasts 113 million premium subscribers, a 31 per cent year-on-year increase. The company expects this figure to grow to 120-125 million for Q4 2019.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 28 2019 | 10:59 PM IST

Explore News