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Spotify Is Quickly Catching Up With Pandora

Pandora Media (NYSE:P) subscriber growth is slowing down, but Spotify appears to have no problem whatsoever. While Pandora reported just 5.2% growth in its active listeners to 76.5 million in Q3 2014, Spotify added more than 10 million users in the last two months and recently crossed the landmark of 60 million users. [1] There was a time not too long ago when Spotify was far behind Pandora in terms of active listeners, but it is rapidly catching…