Spotify has reached 70 million paid subscribers, report the leading streaming music platform. This means that for the last half year, 10 million new subscribers has decided to to join the platform.

For comparison, the competing Apple Music has “barely” 30 million subscribers, who are paying a monthly fee. The latest data is from September 2017. For its part, Spotify also offers a free version that is supported by ads. The paid subscription cost $10 a month, which is same as Apple Music, Tidal and Deezer.

Spotify, however, has a variety of different options for students as well as a Spotify Family plan that allows six people to share an account for just $15 per month.

Now the company is preparing to hit the New York Stock Exchange, while not use the services of an intermediary bank. Spotify plans to go public through a direct listing, forgoing the traditional initial public offering. Without a traditional IPO, there will be no predetermined price for Spotify shares when it goes public. Post from: GizBrain

https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2018/01/Spotify.jpg?fit=960%2C672https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2018/01/Spotify.jpg?resize=180%2C150Richard D.ENTERTAINMENTTECH NEWSentertainment,music,Spotify,streaming serviceSpotify has reached 70 million paid subscribers, report the leading streaming music platform. This means that for the last half year, 10 million new subscribers has decided to to join the platform. For comparison, the competing Apple Music has 'barely' 30 million subscribers, who are paying a monthly fee. The...