Spotify ranks among the most popular music and video streaming services out there. The music streaming service allows users to gain access to millions of songs, create and share playlists on social media feeds. Besides, premium users can download their favorite tracks for offline listening on their mobile devices.
Spotify now has more than 140 million monthly active users worldwide and the company has been busy working on the app to boost user adoption. According to Spotify, the company’s music streaming service has officially reached 60 million paying subscribers, up from the 50 million users mark reported in March 2017. This means that it took Spotify only four months get an additional 10 million. The new milestone helps Spotify capture the number one position in terms of paying subscribers in the music streaming industry.
The music streaming service has seen a steady growth in recent months. In December 2016, Spotify reported that its music streaming service had more than 20 million paying subscribers. Spotify has recently made some changes to its app in an attempt to boost user adoption worldwide. The service now allows artists to remove their music from the free subscription plan.
Spotify now offers three pricing tiers. The premium subscription allows users to access more than 30 million songs with enhanced sound quality and listen to their music even when they are offline. Spotify Premium is now charging $9.99 per month, while the family plan is priced at $14.99 in the US. Spotify’s family subscription supports up to six family members. Like Apple Music, Spotify offers 30 days free trial, and free subscription plan includes advertisements and support for shuffle mode.
Apple Music is currently Spotify’s biggest rival on the market. Apple’s music streaming service is now available in more than 100 countries worldwide and has 27 million paying subscribers. Apple Music is now closing the gap on Spotify, so Sweden-based company is planning something special to hit back at Apple Music.
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