Spotify Hits 299 Million Active Users in Q2, Says Listening Hours Bounced Back to ‘Pre-COVID Levels’

Welcome to WMusic and podcast streamer’s net loss balloons on stock-related costs By Todd Spangler Spotify’s user and subscriber growth came in at the top end of expectations for the second quarter of 2020, but the company’s bottom line was hit by a 48% increase in operating costs from stock-related compensation charges. In addition, ad