Spotify’s largest competitors are Pandora, a company that offers a similar service, and Apple Music which was launched in 2015. ![]() Additionally, listeners are able to enjoy music for free with advertisements or are also given the option to purchase a subscription to allow for unlimited ad-free music streaming. The platform can be used from various devices and allows users to browse through a catalogue of music licensed through multiple record labels, as well as creating and sharing playlists with other users. Spotify is a music streaming service originally founded in 2006 in Sweden. Spotify’s subscriber base has increased dramatically in the last few years and has more than doubled since early 2017. ![]() How many paid subscribers does Spotify have?Īs of the first quarter of 2023, Spotify had 210 million premium subscribers worldwide, up from 182 million in the corresponding quarter of 2022.
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