Music streaming giant Spotify said on Wednesday that it ended 2020 with 155 million premium, or paid, subscribers, a 24 percent gain over the past year that exceeded company estimates, and 345 million total active monthly users.
That was up from 144 million premium users as of the end of September and 320 million total users. For the fourth quarter, Spotify management had predicted monthly active users (MAUs) to grow to 340-345 million, with premium subscribers to reach 150-154 million. "In 2020, we believe the pandemic had little impact on our subscriber growth and may have actually contributed positively to pulling forward new signups," the company said.
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