Spotify Has Reached 50 Million Subscribers
Even though Spotify has been the largest streaming service for some time, but that hasn’t slowed down their growth. The Sweden-based company announced they had 30 million paying subscriber last March, and have already nearly doubled that in a year’s time according to yesterday's tweet announcement.
Spotify has been rumoured to be preparing to go public this year, which should greatly boost their cash reserves. They recently began testing a high fidelity lossless audio option to rival TIDAL’s.
