Spotify Reveals That 2 Million Users Are Suppressing Ads Without Paying
The revelation came in an amended regulatory filing with the U.S. Securities and Exchange Commission (SEC) on March 23, 2018. The disclosure notes, “Unauthorized access to our Service may cause us to misstate key performance indicators, which once discovered, corrected, and disclosed, could undermine investor confidence in the integrity of our key performance indicators and could cause our stock price to drop significantly.” As a result, Spotify has adjusted its monthly active users from 159 million to 157 million at the end of 2017....