Spotify reaches 83 million subscribers |

The Spotify music streaming service reached 83 million subscribers by the end of June, the company announced yesterday. Spotify continues to oppose its closest competitors, Apple Music, which had 40 million subscribers in April . The growth of Spotify corresponds to the top end of the group's prediction in May

Spotify and Apple Music emerged as leaders in the dominance of music subscription. Although Spotify continues to be the largest streaming service in the case of subscribers and those who listen for free, Apple Music would have exceeded Spotify's growth in the United States, the largest market in the world. recording of music to the world. Apple did not respond quickly to the request for comment.

Spotify reported that 180 million people now use their service at least once a month, 30% more than the year before. It also corresponded to the upper limit of their May prediction. Unlike Apple, Spotify has the option of free listening that allows everyone to listen to music with commercials. Apple has never discovered the statistics of monthly active users, and almost everyone who uses Apple Music pay a subscription. In the future, Spotify expects to have 85 to 88 million subscribers by the end of September and will increase the number of monthly active users between 188 and 193 million

Spotify whose head office in Sweden declared a loss of 394 million dollars (458.72 million dollars) or 2.20 euros per share, being an increase by compared with the loss of 188 million euros or 1.24 euros per share more than a year ago. The turnover rose 26% to 1.273 billion euros during the quarter, and Spotify's share rose 4.9% to 197.25%. $.

Source: CNET

] (function (d, s, id) {
var js, fjs = d.getElementsByTagName (s) [0];
if (d.getElementById (id)) returns;
js = d.createElement (s); js.id = id;
js.src = "http://connect.facebook.net/en_US/sdk.js#xfbml=1&appId=1568566020032681&version=v2.3";
fjs.parentNode.insertBefore (js, fjs);
} (function, d, id, id) {var js, fjs = d.getElementsByTagName (s) [0]; if (d.getElementById (id)) return js = d.createElement (s); js.id = id; js.src = https: //connect.facebook.net/en_US/sdk.js#xfbml=1&appId=249643311490&version=v2.3 & nbsp; fjs.parentNode.insertBefore (js, fjs);} (document, 'script', 'facebook-jssdk'); [ad_2]
Source link