The Spotify Takeover

Spotify hits 124 million subscribers

Spotify is up 29% from last year and the company has now decided to buy The Ringer. With the acquisition, Spotify will continue its pursuit to lead in the podcast genre. The deal will close before April of this year.

Spotify and its closest competitor, Apple Music, lead in music streaming which has become the choice of consumption as the culture has changed and mobile phones have become THE device.

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