This was actually addressed in the article towards the end, and the part you quoted does say list price. > Is Spotify really paying $290,518/month? Of course,

This was actually addressed in the article towards the end, and the part you quoted does say list price. > Is Spotify really paying $290,518/month? Of course, for such a high profile customer and for the priviledge of a case study, we can assume Spotify has some heavy discounts.