Spotify's lead grows despite continued rise of Apple MusicApple Music trails far behind but still showing healthy signs of growth.
What you need to know
Spotify revealed it now has 108 million subscribers and 232 million monthly active users.
Apple Music recently said it has 60 million subscribers.
Podcasts are a big hit on Spotify, the service said.
Despite reaching 60 million paid subscribers in June, Apple Music still trails far behind Spotify, which on Wednesday released its Q2 2019 results.
According to Spotify, the service now has 108 million subscribers, up 31% year-over-year. That's nearly double Apple Music's tally, underlining just how far Apple's service has to go.
One area where Spotify saw the largest growth was in its podcast audience; the service said there was a 50% increase in podcast audience growth quarter-over-quarter. Now we understand why Spotify is betting so big on podcasts, with the company acquiring two podcast companies earlier this year.
Despite Spotify's dominance, Apple Music has shown encouraging growth s...
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Spotify's lead grows despite continued rise of Apple Music
