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Spotifis has about more than 400 million people on the platform. They're able to offer subscriptions and then advertisements, and they share that revenue with those record labels. The active monthly users were ap 19 % year over year last quarter. Spotte fiis also spending a ton of money on exclusive content.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode