#Spotify Hits 205M Paying Subs, Grows Ad Revenue, But Loss Widens Amid Higher Expenses

#Spotify Hits 205M Paying Subs, Grows Ad Revenue, But Loss Widens Amid Higher Expenses

Spotify Hits 205M Paying Subs, Grows Ad Revenue, But Loss Widens Amid Higher Expenses Audio streaming giant Spotify ended 2022 with better-than-expected user growth, but its latest quarterly loss widened amid investments in podcasting growth, among other factors. The company said on Tuesday that it ended the fourth quarter with 205 million premium, or paying, subscribers, up…

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