Spotify now has a higher market value than Snapchat owner Snap Inc, which went public last year. Spotify is from the costs of licensing content," said Michael Carvin, chief executive of personal finance technology firm SmartAsset. "Even though Spotify’s scale is about twice that of Apple Music, Apple has a huge ecosystem of products to market to. "Spotify has 71 million so-called premium subscribers, including users who have given the company a credit card number for a free trial. On a comparable basis the Apple Music service has 46 million subscribers.Amazon Music Unlimited has an estimated 16 million paying subscribers and Pandora has 5.48 million total subscribers.

Source: The Star April 03, 2018 21:56 UTC