Spotify now has 70 million paying subscribers, nearly double that of Apple Music

Spotify now has 70 million paying subscribers, nearly double that of Apple Music
The world's most popular streaming service Spotify has announced that it has added 10 million paying subscribers in the last six months and now has a total of 70 million paying subs.

Unlike Apple Music, Spotify also offers free, ad-monetized music streaming. It has more than 70 million subscribers using that free service, so counting the two types of Spotify listeners together, the service now has over 140 million total subs.

Apple Music, in comparison, last reported having 30 million subscribers in September 2017, all of them paying a monthly fee.

Spotify charges its premium users a flat, $10 monthly fee for music streaming, the same as other major services like Apple Music, Tidal and Deezer. Spotify, however, also offers discounts for some users like students, and it has a neat Spotify Family service that allows signing up to 6 people on the same account for just $15 a month.

The company is also now preparing for an initial public offering (IPO). It has confidentially filed documents for IPO with the US Securities and Exchange Commission (SEC). Interestingly, it has filed on its own, without any bank intermediaries, for a direct listing. This means that unlike most other IPOs, there will be no set price for Spotify shares at the time the IPO goes live.

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10 Comments

1. rj_78

Posts: 74; Member since: Sep 11, 2014

They can have even more but it’s not available in many Asian countries.

2. Tommy1960i

Posts: 144; Member since: Oct 11, 2013

Don't care. I like Apple music because it is integrated flawlessly with all Apple devices. Everything in my house is from Apple. It is very convenient.

3. YeahYeah

Posts: 250; Member since: Mar 16, 2016

Yeah we know. Apple users pick up line.. ""it is integrated flawlessly with all Apple devices"

4. Wiencon

Posts: 2278; Member since: Aug 06, 2014

Because it's the truth? It sucks that Apple services are locked to Apple's devices only (mostly) but they work together amazingly.

6. Tommy1960i

Posts: 144; Member since: Oct 11, 2013

I've tried Spotify too and it was good. I just don't like the UI and the fact that I need to install a third party app everywhere to get the same library of music in the house. Had Google Play Music for almost a year and it's the worst. Bad integration, mediocre UI and very bad performance.

8. HansP

Posts: 542; Member since: Oct 16, 2011

The chores of life! You have to click on an app store icon!?

5. cmdacos

Posts: 4113; Member since: Nov 01, 2016

Left Spotify for google play. Had both for most of the year but mainly because my carrier was paying for Spotify premium. Enjoyed it more but Google Play is all I need.

7. libra89

Posts: 2271; Member since: Apr 15, 2016

Spotify is my favorite. It has the most of what I listen to. I have been one for a year now and I have no regrets about doing so.

9. ph00ny

Posts: 2026; Member since: May 26, 2011

I've been a day 1 premium subscriber for spotify and google music and they're both very good but spotify is my goto app. It "integrates" well with my non-apple device ie Amazon Echo

13. path45th

Posts: 402; Member since: Sep 11, 2016

In the country where I live Spotify is not available. Since I only use Apple deivices it makes sense to sudscribe to Apple Music. They charge me just 4 US dollars per month paid in my local currency. I’m not a student or under a special offer. So it’s surprising to hear that elsewhere they charge 10 dollars. The good thing is that I can have access to wherever I travel. So 4 dollars for all that music in any place and device is definitely a terrific value.

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