Acquiring Two Major Podcast Companies, Spotify Posts a Profit in Q4 2018

Spotify bets big on podcasting to fuel its growth in 2019. Spotify has released its financial results for the fourth fiscal quarter of 2018. For the first time in the company’s history, operating income, net income, and free cash flow were all positive. Monthly active users (MAUs) grew to 209 million, up 27% over the […]

The post Acquiring Two Major Podcast Companies, Spotify Posts a Profit in Q4 2018 appeared first on Digital Music News.

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