Spotify the streaming service which has secretly filed for an IPO with American regulators now has 70 million subscribers. The $19b streaming service announced on Twitter yesterday that it now had 70 million subscribers but they didn’t specify how many of those subscribers are paying subscribers.
Spotify is the biggest worldwide music streaming company by subscribers and considers Apple and Amazon.com its fundamental rivals.
Apple in September disclosed to Billboard magazine it has 30 million subscribers of Apple music. Again we don’t know how many of them are paying.
Spotify launched in 2008 while Apple Music launched in 2015 and so you can say Spotify has been there way longer. The main challenge Spotify has had over the years is that of not having exclusivity.
Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
