Spotify hits nearly 125 million subscribers, acquires major podcast company

Spotify cemented its top spot in the streaming music service industry after an incredible 2019. The company reported earlier today that it h...

Spotify cemented its top spot in the streaming music service industry after an incredible 2019. The company reported earlier today that it hit 124 million Premium subscribers at the end of last year, up 29% from 2018. This is the highest net add quarter Spotify ever had, and the fastest ever added 10 million subscribers in the history of the service.

In comparison, Apple Music it had 60 million subscribers, while reached more than 55 million customers globally by the end of 2019. It's worth noting that while 124 million people pay for Spotify, no less than 271 million people are currently ...

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