Spotify hits 140 million listeners on their music-streaming app!

Spotify announced today that it now has 140 million users, up from 100 million exactly a year ago.

3 months ago, on March 2nd, 2017, Spotify released news that they have 50 million subscribers at $9.99/month.  If you do the math, this comes out to around 500 million dollars generated monthly for music-service app.

Spotify was founded out of Sweden in 2008 and has emerged as the number 1 music-streaming app for everyone.  The app is freemium meaning you don’t have to upgrade unless you want to.

Spotify has not yet decided whether or not the company will go public.  It is, however, looking increasingly likely that the company will go public next year ensuring advertising revenues grow ahead of its IPO.

Donny Pie

Hello! My name is Donnel Garner. I created ourGemCodes in 2010. I have my degree in Computer Science. I’m a web developer, entrepreneur, content creator, and United States Submariner. I am a young philanthropist and contribute to open source foundations.

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