Spotify beats Apple Music to 100 million paid users
Spotify has revealed it has reached the 100 million paid subscribers milestone, nearly twice as many as Apple Music.
Revealing their most recent financial figures, the Stockholm-based streaming service revealed it has reached 100 million Premium subscriptions.
According to Engadget, Spotify has 217 million users in total, with 117 million of them opting for the free package.
Variety reports that Apple Music revealed in April that they had 50 million paid users worldwide. Spotify CEO Daniel Ek said of the comparison, "Competition is really not a big factor for us."
The streaming service also announced that it has acquired Parcast for $56 million, after already having bought podcast companies Gimlet media and Anchor FM back in February. The company revealed it expects revenue from podcasts to "accelerate" throughout 2019, having already released some Spotify original podcasts, including The Joe Budden Podcast, and Amy Schumer Presents: 3 Girls, 1 Keith.
According to Stereogum, Apple Music will reveal its latest financial figures tomorrow (30 April).
- IDLES to headline Bristol’s Queen Square for their only UK shows of 2025
- Listen to never-before-heard versions of George Harrison's “Be Here Now”
- Freddie Gibbs drops surprise album, You Only Die 1nce
- Laura Mvula and Corinne Bailey Rae to perform at Southbank Centre x Montreux Jazz Festival Residency celebrating Nina Simone
- Fontaines D.C. share Andrea Arnold-directed video for "Bug" starring Barry Keoghan
- DOVES unveil "Renegade" as first new music in four years and announce forthcoming album, Constellations For The Lonely
- Iggy Pop announces headline show at Alexandra Palace
Get the Best Fit take on the week in music direct to your inbox every Friday