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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Business»Spotify now has more than 75m active users

    Spotify now has more than 75m active users

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    By Staff Writer on June 10, 2015 Business, Music, News

    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

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