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Spotify Is About to Test Pricier Plans

TheMotleyFool

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Last month, investors mostly shrugged when Spotify (NYSE: SPOT) reported second-quarter earnings results that showed operating losses narrowing as the Swedish music-streaming company grew its premium subscriber base to 108 million. The company noted that gross margin ticked up sequentially to 26%, even as Spotify continues to invest aggressively in podcasts.

In an effort to boost profitability, Spotify now reportedly wants to gauge its pricing power.

Image source: Spotify.

Source Fool.com

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