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This included the addition of new channels like Guess, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, Tv Land and VH1, that are at the moment being made obtainable. In April final year, Rogan stated that his podcast was being downloaded 190m instances every month. Since its final earnings release in early February, Snap’s stock value has dropped more than 30%, echoing similar declines seen by different social media firms within the midst of a broader market plunge. The coronavirus pandemic has offered loads of challenges for ad-reliant social networks, but Snap made clear it was not but feeling significant adverse results with its Q1 earnings launch today. Snap surged 17% after-hours on information of its Q1 results after dropping practically 4% throughout trading right now. This was a comparatively quiet quarter for Snap by way of product updates. You’ll be able to see how dramatic a rise this was for Spotify’s company valuation in historical phrases under.
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