Spotify jumps to 10 million paying subscribers

May 21, 2014

Music streaming giant Spotify says it now has 10 million paying subscribers worldwide.

That's up from 6 million in March of last year. It also said it has more than 40 million active users, up from 24 million.

Although the company wouldn't say where the growth is coming from, its international expansion has been quick, expanding from 20 markets to 56 in the last year.

CEO Daniel Ek said in a statement that Spotify is widening its lead in .

Spotify, launched in Sweden in 2008, expanded to the U.S. in July 2011.

It offers millions of tracks for on-demand streaming to and computers for upward of $5 a month. It also has a free tier that comes with ads but doesn't allow specific track selection.

Explore further: Spotify slaps limits on free music service

Related Stories

Spotify slaps limits on free music service

April 14, 2011

Swedish music streaming service Spotify said on Thursday it would cut back on its free version, slashing the amount of times a track can be played and the total amount of music users can listen to.

Spotify snaps up The Echo Nest

March 6, 2014

Music streaming service Spotify announced Thursday it had acquired The Echo Nest, a company behind technology to suggest songs to listeners.

Recommended for you

On soft ground? Tread lightly to stay fast

October 8, 2015

These findings, reported today, Friday 9th October, in the journal Bioinspiration & Biomechanics, offer a new insight into how animals respond to different terrain, and how robots can learn from them.


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.