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Spotify beats outlook again for subscriber growth, Q4 revenues grow 24%
2020-02-05 13:16:00| Telecompaper Headlines
(Telecompaper) Spotify reported 271 million monthly active users at the end of 2019, up 31 percent over the year and better than the group's forecast. With MAU growth accelerating the past three quarters and strong take-up of its expanding podcast offer, the company said it's confident in its future growth prospects. However, it will continue to invest in 2020 and forecast a bigger operating loss for the year.
Tags: growth
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Netflix beats Q4 subscriber growth target, despite slowdown in US
2020-01-22 09:01:00| Telecompaper Headlines
(Telecompaper) Netflix grew its streaming subscriber base by 20 percent year-on-year to 167.09 million at the end of 2019. Quarterly growth totaled 8.8 million new customers in the last quarter of 2019, led by expansion at the international operations. Growth in the US of 420,000 was slower than forecast, amid competition from new streaming services from Apple and Disney launching during the period.
Tags: us
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