Todd Spangler NY Digital EditorSpotify packed in a strong end to the pandemic-riddled year, topping forecasts for Premium subscribers to reach 155 million (up 24%) in the fourth quarter of 2020.
The audio streamer’s total users grew 27%, to 345 million in Q4, after netting a record gain of 74 million for the full year.The company touted its podcast strategy.
As of Q4, Spotify had 2.2 million podcasts on the platform (up from 1.9 million podcasts the prior quarter) and 25% of its total user base engaged with podcast content in the quarter (up from 22% in Q3).
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