Popular music streaming site has now reached more than 20 million subscribers and more than 75 million active users. At the end of May 2014, the Daniel Ek-led company had 10 million paying subscribers and 40 million active users.
According to Spotify, this is good for the ecosystem – for music, for music fans, the artists and good for music makers.
In a related story, Spotify just finished its funding round raising more than $500 million thus valuing the company at $8.5 billion
