Spotify now has 20M paying subscribers, a 100% year-on-year increase
On the same day news emerged that Spotify has raised a gargantuan funding round, the music-streaming titan has revealed it now has 20 million paying subscribers, from a total active user-base of 75 million people. This represents an increase of 5 million and 15 million respectively since Spotify last provided figures back in January. But looking back to the same period last year, Spotify has effectively doubled its then 10 million paying subscriber base and 40 million active users. – Paul Sawers, VentureBeat
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