Despite increasing competition from Apple Music, Spotify is still seeing healthy growth.
The music-streaming service released its financial results for the first quarter of 2019 on Monday. In its report, Spotify says it now has 217 monthly active users worldwide — 100 million of which are paid subscribers — with growth largely driven by higher sign-ons in the U.S. and Canada due to promotions.
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Compared to Apple Music, Spotify now has about twice as many paid subscribers worldwide. As of early April, Apple Music claimed only 50 million paid subscribers worldwide. Read more...
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from Mashable http://bit.ly/2VxpZ6O
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