11 Jun 2015
In response to Apple’s new service going live, Spotify have announced their user base has reached a massive 75 million monthly active users, 20 million of these are paying premium subscribers.
This is a nice rise from the last figures released by the streaming giant, previous figures indicated 60 million active monthly users with 15 million paying subscribers. Not a bad increase at all for Spotify.
This is no coincidence that this new data release comes just after the release of Apple’s new venture ‘Apple Music’.
According to the Spotify blog, this is a massive increase on previous numbers:
“What a difference a year makes! At the end of May 2014, we reached 10 million paying subscribers and 40 million active users. Today, we have reached more than 20 million subscribers and more than 75 million active users. 10 million subscribers in our first five and a half years – and another 10 million subscribers in just a single year!”
The blog posts mentions how Spotify have paid out more than $3 billion US dollars in royalties, with $300 million being paid out in the first three months of 2015.
The Spotify blog has some interesting stats and figures, check out the blog for more on their projected growth over the next few months.