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Spotify clocks 15 million subscribers

Online music streaming service Spotify said on Monday it had 15 million subscribers and 60 million active users at the end of 2014.

By: REUTERS
Updated on: Jan 13 2015, 11:42 IST

Online music streaming service Spotify said on Monday it had 15 million subscribers and 60 million active users at the end of 2014.

Stockholm-based Spotify, which sparked speculation related to an IPO after it re-advertised a job for a regulatory filings expert in August, provides free on-demand music or ad-free tunes for paying customers.

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The company said in November its paying subscriber base had risen to 12.5 million from 10 million in May.

Also read: Looking for a smartphone? To check mobile finder click here.

Rival Pandora Media Inc said in October it had 76.5 million active listeners as of Sept. 30.

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First Published Date: 13 Jan, 10:54 IST

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