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Spotify Soars to 320 Million Listeners, with 144 Million Paid Members

posted by martyb on Friday October 30 2020, @10:09AM   Printer-friendly
from the easy-listening dept.

Phoenix666 writes:

Spotify soars to 320 million listeners, with 144 million paid members:

Spotify soared past a worldwide listener milestone as the number of people using the service climbed 29% to 320 million in the third quarter, the music streaming service said Thursday. Excluding anyone who listens free with advertising, Spotify's paid members also rose 27% to 144 million, the company said.

The latest figures further cement Spotify as the world's biggest subscription music service.

How does it compare to p2p these days?

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  • (Score: 2) by zoward on Friday October 30 2020, @07:13PM

    by zoward (4734) on Friday October 30 2020, @07:13PM (#1070975)

    I guess I'd assumed the ads on the ad-supported tier make it profitable. I suppose it's possible it's not quite profitable but works as a "gateway drug", getting people to eventually subscribe?

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