Spotify has 100 million paying subscribers

The music service Spotify has a total of 100 million paying subscribers who pay for the service. Recent company figures show that.

The number of premium customers has risen sharply with four million in a quarterly time. In the past year the service has seen a growth of 32 percent when it comes to the number of customers.

If you add up the customers with a free account and a paid subscription, 217 million people are active on the service every month. That number also increased by 26 percent compared to a year earlier.

The company reported a turnover of 1.5 billion euros. Although there is a visible increase in sales and the number of members, Spotify still recorded a loss of 142 million euros. That is 27 million euros less compared to the first quarter of 2018.

About Joseph Vinton 37 Articles
Joseph is a journalist, SEO expert and content strategy consultant who prefers to roam the internet all day for the latest news and discussions in the field of tech, pop culture and media. He is also a freelance internet strategist and consultant, fascinated by online media and publishing.

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