Spotify Tops 10 Million Paid Subscribers
Music streaming service Spotify confirmed it has topped 40 million active users, and the number of users paying for a monthly subscription topped 10 million. Since launching six years ago, Spotify users have streamed 12 billion hours of music and created or updated 5 million playlists per day. “We’re widening our lead in the digital music space and will continue to focus on getting everyone in the world to listen to more music,” says Spotify CEO Daniel Ek. Spotify seems to have solidified itself as a top service in what’s becoming a crowded space with competitors such as Rdio, Rhapsody, Last.fm, Beats Music and Apple’s iTunes Radio.
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