Spotify posted greater-than-expected user growth in the latest quarter as the music-streaming giant improved long-term retention of its listeners and broadened its podcasting business. The company said tens of millions of users are now streaming podcasts on the platform on a monthly basis, with its overall podcast audience growing more than 50% from the previous quarter and nearly doubling since the beginning of the year.
Source: Spotify Reports Subscriber Growth Amid Industry Podcast Boom
