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Spotify Reports Strong Paid Subscriber Growth, Announces CFO Is Retiring

By
Carleton English
· · Source: The Information

Spotify reported a healthy rise in paying subscribers on Monday, and strong growth in its podcasting business. Meanwhile,  CFO Barry McCarthy, who played a key role in taking the company public with a direct listing instead of a traditional initial public offering, is retiring. Spotify said its premium subscribers totaled 113 million, up 31% from the year earlier period, and that it had 248...

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