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Spotify Increases Paid Subscriptions By 25%
November 23, 2011 at 10:40 AM (PT)
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Paid Subs Rise
SPOTIFY, the music-streaming service, reported that paying customers increased 25% after allowing Facebook users to share and stream music.
"SPOTIFY has 2.5 million subscribers," noted BLOOMBERG, "a gain of 500,000 since SEPTEMBER, when the service became available on FACEBOOK’s social network," Chief Content Officer KEN PARKS said in an interview.
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