Spotify has 83 million paying subscribers around the world, which is a lot more than Apple Music’s 40 million, yet still isn’t showing a profit.
Apple Music has more paying subscribers in the United States than Spotify, according to data from a major music distributor.
Amazon has over 100 million Prime subscribers, which means now we know how big a competitor the company really is in the streaming video and music market.
Spotify’s paid listener base is still on the rise and just hit 70 million subscribers.
Apple Music just topped 20 million subscribers, only three months after hitting the 17 million mark. That’s a 15% increase, but Apple wants to see even more growth.