Spotify subscribers, monthly average users, and revenues all headed north during the latest third quarter. Wall Street sent shares south. It was an impressive third-quarter financial review for Spotify on Tuesday, though Wall Street proved difficult to please. Despite double-digit year-over-year gains in paid subscribers, monthly average users, and both premium and ad-supported revenues, traders […]
The post Spotify Shares Drop Despite Double-Digit Subscriber Gains — And a Possible Price Hike Ahead appeared first on Digital Music News.