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  "notes": "The chart shows a stacked bar chart of regional subscriber distribution from Q4'20 to Q4'24.",
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      "text": "Y/Y and Q/Q growth across all regions, with outperformance led by Rest of World\nStrong holiday and Wrapped Campaigns\nShifts in competitor dynamics in select developing markets",
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      "text": "Our Premium Subscribers grew 11% Y/Y to 263 million, up from 252 million last quarter and 3 million above guidance. Quarterly performance reflected:",
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