50 million people now pay for Spotify

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Spotify should hit play on a celebratory playlist today.

On Thursday, the company announced it reached 50 million paid subscribers. That’s a lot considering it was at 40 million less than six months ago, and only 10 million three years ago.

Thank you to our 50 million subscribers#Spotify50 pic.twitter.com/eXkOV71bwu

— Spotify (@Spotify) March 2, 2017

While that’s a large number of paying subscribers, the streaming service also has more than 100 million total users, including those who listen for free. It hit that milestone in June 2016 — no biggie.

Those huge numbers haven’t necessarily led to profit. The most recently available report shows the company …

More about Subscribers, Streaming Music, Streaming Services, Spotify, and Business …read more

Via: Mashable: Business

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