Spotify celebrates 50 million paid subscribers

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One of our favorite music streaming apps–Spotify today has further cemented its dominance in the in the music streaming business, and today the company announced that it just hit another milestone of 50 million paid subscribers.

Last year in March, the company had 30 million subscribers and it’s impressive growth has come from 30 million subscribers to 40 million in September to 50 million as of today. And when you add in free users especially desktop users, that number jumps even higher to over 100 million Spotify customers. The app is blocked to users in most countries here in Uganda and people have to use VPN trickery in order to use it. We believe if Spotify opened up its service to more countries just like Apple Music or Netflix, they would have a bigger subscriber growth.

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As of last year December, Apple Music has about 20 million and still has a long way to catch up with Spoify’s numbers. But this is still a good number for Apple, given the fact that Spotify’s had a head start, but there’s still a ways to go for Apple before it catches up.