Spotify now has 100 million paid subscribers worldwide

Despite increasing competition from Apple Music, Spotify is still seeing healthy growth.

The music-streaming service released its financial results for the first quarter of 2019 on Monday. In its report, Spotify says it now has 217 million monthly active users worldwide — 100 million of which are paid subscribers — with growth largely driven by higher sign-ons in the U.S. and Canada due to promotions.

Compared to Apple Music, Spotify now has about twice as many paid subscribers worldwide. As of early April, Apple Music claimed only 50 million paid subscribers worldwide. Read more...