Spotify now have 70 million subscribers. - Technologue

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Friday, January 5, 2018

Spotify now have 70 million subscribers.

spotify

Hey fellas, Happy New Year to all of you. I'm back with a new post.

Spotify is a music, podcast, and video streaming service which was launched on 7th October 2008. It gives access to millions of songs. Spotify has just announced that they are going high on subscribers count, they have reached to 70 million, which is just double from Apple Music's 30 million. Last July, Spotify had about 60 million paid listeners and over 140 million active users.




This news leaks just after the day this milestone was achieved by the company which was confidential to them at that time which they were preparing to announce publicly. Axios Broke the news that Spotify filed with the SEC at the end of December.

Spotify's milestone just came after Wixen Music Publishing hit the music streaming company with a $1.6 billion lawsuit. The suit, filed December 29, alleges copyright infringement, specifically alleging Spotify is using thousands of its songs without a proper license. The lawsuit seeks at least $1.6 billion in damages and injunctive relief.