Spotify has just updated its subscriber info, and it now has greater than 60 million paying customers. Meaning the corporate is up 10 million subscribers since March, when it final introduced it had 50 million. As of final month, Spotify stated it had 140 million total users.
Because it final launched subscriber numbers, a couple of issues have modified for Spotify. Most crucially, the corporate reached licensing agreements with Universal Music Group and Sony. The offers will give these labels’ artists the choice to maintain their music off of Spotify’s free tier for a sure time period, whereas Spotify will get a slight break in royalty funds.
As Variety points out, Spotify can also be anticipated to go public earlier than the top of this yr.
These numbers make Spotify twice as huge, subscriber-wise, as Apple Music, which final month introduced it had 27 million paying subscribers.
from TechFishNews http://ift.tt/2uSt5m3
Comments
Post a Comment