Spotify now has more than 50 million paid subscribers

Shawn Knight

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Staff member

Spotify recently revealed on Twitter that it has surpassed the 50 million subscriber mark. That’s impressive when you consider the streaming music provider just hit the 30 million member mark a year ago and crossed 40 million paid users in September.

In comparison, Apple said last December that it had 20 million Apple Music subscribers. Apple’s Eddy Cue said in February that Apple Music had well over 20 million users but failed to reveal how many.


In March 2016, Tidal said it has passed the three million subscriber milestone although data obtained by Norwegian newspaper Dagens Næringsliv claims the actual number of subscribers it reported to record labels was only 850,000. Sprint bought 33 percent of Tidal in January.

Spotify said last June that it now has more than 100 million active monthly users but many of those don’t pay for the service and instead use the ad-supported tier. It’s unclear how many total active listeners Spotify has today.

Word surfaced just the other day that Spotify is preparing to launch a new subscription tier that’ll afford lossless CD-quality audio. Although the company has yet to announce or confirm the service, several people on social media presented screenshots in which they were propositioned to sign up for Spotify Hi-Fi for anywhere between $5 to $10 extra per month.

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That's not a bad amount of paid subscribers to have considering that's more people than my country's population and we don't even get that service.
 
I would swap from Apple Music to Spotify if they do release the Lossless Audio Subscription.
 
I subscribed to Spotify a few months ago after getting tired of apps like 8tracks and I have to say I really like it. The only issue I have is a subscription is really for only one person. I wish you could stream from three devices without going into offline mode.
 
That's a nice milestone and all, but they're still not making any profits.
in this crazy 'Brave New World' somehow that doesn't have to be a problem. For all I know, next they will have an IPO (I think that's what it's called when they go on the stock market) and generate millions/billions for the owners
 
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