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Get a free Google Home Mini from Spotify for your family account

Get a free Google Home Mini from Spotify for your family account

This is a great deal for anyone with a Spotify Premium for Family plan. Total revenue, meanwhile, should be in the ballpark of 1.35 billion euros to 1.55 billion euros.

It said it expected total users to rise 24 to 29 percent to between 199 and 206 million, with premium subscriptions growing to between 90 and 96 million.

"We don't view this as Spotify has to win and the labels have to lose", Spotify Chief Executive Daniel Ek said during a Thursday call on the company's third-quarter earnings.

Jeff Wlodarczak of Pivotal Research said he remained positive on Spotify despite the "modest reduction" in the outlook.




Beyond feeling in a giving move for the holidays, this is more of a strategic move for Spotify.

However, a Music Business Worldwide report in June had suggested that major U.S. labels including Universal, Sony and Warner had held up Spotify's India launch by not providing music licenses for the market.

All in all it wasn't a bad quarter for Spotify, especially in light of increased competition mainly from Apple Music, which still trails the company's service. Spotify is handing out free Google Home Mini units, redeemable starting November 1.

The music service is using the offer to tout its close integration with Google's voice assistant, which allows Google Home owners to request songs, albums and playlists as well as issue playback controls with voice commands.


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