Spotify hits 87 million paid listeners worldwide

The leading music-streaming service Spotify similar a shot has 87 i 1000 m paid listeners worldwide in addition to a sum of 191 i 1000 m monthly active users who are on either paid or costless tier.

The latest numbers were reveled inwards Spotify’s September quarter earnings out this morning.

• Paid subscribers
  
  
  
  • June quarter: 83 million
  
  
  • September quarter: 87 million
  
  
  
  


• Monthly active users (free + paid tiers)
  
  
  
  • June quarter: 180 million
  
  
  • September quarter: 191 million
  
  
  
  

On an annual basis, paid users grew forty pct in addition to monthly active users were upwards 28 percent.

Spotify’s guidance for the Christmas quarter calls for 93-96 i 1000 m paid subscribers in addition to betwixt 199 i 1000 m in addition to 206 i 1000 m monthly active users unopen to the world.

In spite of strong contest from Apple Music, Spotify has managed to detect ways of growing both its paid in addition to costless subscriber base, which is no incertitude music to its investors’ ears. Some of their moves include a bunch of promotional activities similar a student-focused bargain that bundles Spotify, Hulu, in addition to Showtime for merely v bucks per month.

Apple Music before this yr overtook Spotify inwards damage of US subscribers afterward surpassing a cool l i 1000 m combined lawsuit + paid subscriptions in May 2018, prompting an investor to liken Cupertino’s music-streaming service to a $10 billion business.

Keep inwards heed that Apple Music does non convey a costless tier similar Spotify.

The Apple-Spotify rivalry looks to live on intensifying amongst today’s news that the Cupertino technology giant late held talks amongst iHeartMedia, the largest US radio group, well-nigh a potential bargain that powerfulness see Beats 1 in addition to Apple Music debut on broadcast radio.

Earlier inwards October, Spotify launched a beta of its ain podcasting service.

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