Spotify Now Has More Than 60 Million Subscribers
Streaming giant, Spotify has just updated its subscriber information, and it now has more than 60 million paying users. That means the company is up 10 million subscribers since March, when it last announced it had 50 million. As of last month, they announced that they were up to 140 million total users.
Since it last released subscriber numbers, a few things have changed for Spotify. Most crucially, the company reached licensing agreements with Universal Music Group and Sony. The deals will give these labels’ artists the option to keep their music off of the streaming service’s free tier for a certain period of time, while Spotify will get a slight break in royalty payments.
These numbers make the streaming service twice as big, subscriber-wise, as Apple Music, which last month announced it had 27 million paying subscribers.
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