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Friday 2 November 2018

Spotify now has 87 million paying customers

Spotify has published its latest earnings report today, and it has plenty of good news for the streaming service. First off, it now boasts 191 million total active monthly users. What's more, of those 87 million subscribe to its paid tiers. This is up from 83 million subscribers in the previous quarter. Spotify still maintains a lead over chief competitor Apple Music, which is estimated to have around 43.5 million subscribers (although that number doesn't come straight from Apple, so keep a grain of salt nearby when reading it). In the year-ago quarter Spotify posted a €73 million loss,...

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