Spotify now has 158 million subscribers as war with Apple intensifies

During Q1, Spotify’s paid subscriber total grew to 158 million, up 21% from the same period a year ago, as the streaming giant’s battle with Apple Music and Apple Podcasts heats up.

Spotify CEO Daniel EkSpotify CEO Daniel Ek

While Spotify welcomes the subscriber growth, it cautioned about uncertain expansion moving forward. Some of its newest growth markets — most notably India — are experiencing surges in COVID-19 cases, casting an uncertain light on future returns.

Read more…