Carl Durrek Carl is a gaming fanatic, forever stuck on Reddit and all-around lover of food.

Spotify now has over 10 million premium subscribers

50 sec read

Daniel Ek has devoted most of his waking moments over the past few years to evangelizing about the glories of streaming music. He’s well suited to the task. In addition to a forbiddingly deep reservoir of knowledge about every genre and subgenre to emerge from his native Sweden, Ek, 31, is the co-founder and chief executive of Spotify, the first company to make streaming so easy that downloads quake in its presence.

Spotify,  the Swedish music streaming service, has seen a surge in the number of paying subscribers and active users over the last year. Today Spotify revealed it had signed up 10 million paying customers for its Spotify Premium service, and now has  more than 40 million active users across the globe. The new data showed a 66% increase in both paying customers and active users overall. The last time Spotify shared data it had 6 million premium customers and 24 million active users. Two weeks ago the music business was thrown into a frenzy after news hit that Apple was buying Beats By Dr. Dre for $3.2 billion. Beats makes both popular headphones and offers a music streaming service similar to Spotify’s. It’s still unclear whether Apple bought Beats for its headphones or its music platform, but most people I’ve spoken with say it was a hardware play–after all, Apple’s iTunes music store already has the most lucrative music licencing deal in the industry.

Avatar of Carl Durrek
Carl Durrek Carl is a gaming fanatic, forever stuck on Reddit and all-around lover of food.

Chicago tried and failed to use big data to…

Have you ever seen the movie Minority Report? If you haven’t, all you need to know is that it’s about a special police unit that’s able...
Avatar of Sal McCloskey Sal McCloskey
1 min read

Google believes artificial intelligence will be bigger than virtual…

When Mark Zuckerberg thinks about the future, he sees a world that’s dominated by mobile devices and virtual reality, but when Google CEO Sundar Pichai...
Avatar of Lorie Wimble Lorie Wimble
56 sec read

China wants to build floating nuclear power plants for…

I’m sure you’ve heard about that man-made island chain that China has built in the South China Sea, the one that’s been causing a...
Avatar of Alfie Joshua Alfie Joshua
1 min read

Leave a Reply

Your email address will not be published. Required fields are marked *