Spotify adds a record number of Q2 users, still loses money [TechSpot]

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The number of premium (paying) Spotify subscribers reached 188 million at the end of the second quarter. That’s up from 182 million in the first quarter and 14% year-over-year. Meanwhile, monthly active users (MAUs) hit 433 million, up from 422 million in Q1 and 19% YoY. Both figures exceeded the company’s own forecasts.