Spotify paid subscribers hit 130M, despite virus, as music tastes change

Spotify paid subscribers hit 130M in the first quarter of the year, up 31% year-on-year. Revenue was up 22%, with both metrics beating analyst expectations. This is more than double the last reported Apple Music subscriber number of 60M, though that was way back in June of last year.

It had been unclear what impact the coronavirus might have on demand for streaming music services like Spotify and Apple Music …

more…

The post Spotify paid subscribers hit 130M, despite virus, as music tastes change appeared first on 9to5Mac.



source https://9to5mac.com/2020/04/29/spotify-paid-subscribers-3/

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