The music streamer touts the growth and benefits of podcasts and says"the pandemic had little impact on our subscriber growth and may have actually contributed positively to pulling forward new signups," but notes"increased forecasting uncertainty."
"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."Looking ahead, we are optimistic about the underlying trends in the business into 2021 and beyond, however, we face increased forecasting uncertainty versus prior years due to the unknown duration of the pandemic and its ongoing effect on user, subscriber, and revenue growth.
Stockholm-based Spotify, led by CEO Daniel Ek, said advertising revenue, which had returned to growth in the third quarter following a, continued to rise in the most recent quarter, up 29 percent over the year-ago period."Ad-supported revenue of €281 million outperformed our forecast," it said."We saw strong year-over-year revenue growth across all of our regions and channels as advertiser demand continued to rebound from second-quarter 2020 lows.
bringbackjackie help me out, how many subscribers does Jennifer have over at $SIRI?