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Author Topic: Spotify shows off impressive growth ahead of Apple Music launch  (Read 501 times)
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« on: June 12, 2015, 09:00:12 am »

Spotify shows off impressive growth ahead of Apple Music launch

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<p>Spotify to Apple: Come and get us.</p><p>When Apple announced its new streaming service during its annual World Wide Developer’s Conference on Monday, the company had Spotify in its sights. The Apple Music introduction included jabs about paying artists the rates they deserve and treating music like art instead of digital bits. But Spotify isn’t about to take any of Apple’s initial shots lying down.</p><p>On Wednesday, Spotify hit back with some impressive statistics about its growth. Spotify says it now has more than 20 million paying subscribers and 75 million active users. That’s double the number of paying users Spotify had in May 2014 when it hit the 10 million subscriber mark. As for paying out royalties, Spotify says it has paid out a grand total of $3 billion to artists, and $300 million of that was in the first three months of 2015.</p><p class="jumpTag"><a href="/article/2934085/spotify-shows-off-impressive-growth-ahead-of-apple-music-launch.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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