The messy reality of today’s music-streaming business is that having all the music in the world still isn’t enough. Take Spotify Technology, the undisputed king of the field. The company’s fourth-quarter results Wednesday were decent on some counts. Monthly active users grew 31% year over year to 271 million. Spotify added about 11 million new paying subscribers during the quarter—its best growth ever for this important metric.
Source: Wall Street Journal February 06, 2020 11:26 UTC