Spotify now has 100 million paying users around the world, the company said on Monday. In its first-quarter earnings report, Spotify said it had 217 million users around the world, up from 207 million at the end of last year. Of those, 100 million are paying subscribers, compared with 96 million at the end of 2018. In its most recent quarter, Spotify, which is based in Stockholm, had revenue of 1.5 billion euros, about $1.7 billion. Unlike Spotify, which offers a free plan that includes advertising, Apple Music is available only by paid subscription.
Source: International New York Times April 29, 2019 17:03 UTC