The Spotify service breaks the barrier of 140 million active users

Spotify is one of the most popular music services in the world, and its user base continues to grow day by day despite fierce competition such as DeeZer, Pandora, Google Play Music and Apple Music. To confirm this, Spotify today announced that it now has more than 140 million active users worldwide, a growth of 126 million active users late last year. Spotify also has a subscriber base that is the largest in this part of the market.

The service announced that it has more than 50 million subscribers paying for the use of the service. The vast majority of users continue to use the free plan. Spotify's future plan is not clear at this time because threats like Apple Music loom. Apple Music was launched by Apple just a few years ago and already has more than 27 million paid subscribers. In addition, there is competition from services like Google Play Music and Youtube.

Although Spotify has been released since 2006 and has been growing continuously for 11 years, it is not yet profitable. She pays 80 percent of her revenue to brands specializing in the music industry and artists who make their songs available on Spotify