While some are still debating how to get people to listen and download music legally, Spotify has come out to say that it has 50 million paying customers.
The music and video streaming business tweeted this fact yesterday garnering over 10 million paying subscribers within the last six months. Spotify hit the 4o million paying customers mark in Spetember 1026 and 30 million in March 2016.
Its nearest rival launched two years ago, Apple music said it hot the 20 million mark in December 2016.
Thank you to our 50 million subscribers. #Spotify50 pic.twitter.com/eXkOV71bwu
— Spotify (@Spotify) March 2, 2017
Launched in 2008, it currently has over 100 million users. The service is available in 60 countries including the world’s biggest music market, the US, where streaming accounted for 51% of music consumption last year.
The company is yet to make a profit.
