There are millions of people across the globe who pay for Spotify’s premium membership. The company regularly shares that number. We last got an update in July when Spotify revealed that it had 83 million paying subscribers. The music streaming giant has now revealed that it has 87 million Premium subscribers across the globe.
Spotify has also revealed today that it now has 191 million total active monthly users. That’s an increase of 28 percent in its total number of users. Spotify is projecting between 93 million and 96 million paid subscribers by the fourth quarter of this year with total monthly users predicted to reach up to 206 million.
“Growth continues to be healthy across our Family and Student plans, and the strong retention characteristics of this base continue to drive churn lower,” Spotify said.
It continues to lead Apple Music which was recently reported to have overtaken Spotify in the United States as far as paying members are concerned. It was recently confirmed that Apple Music has over 43 million paid subscribers so it still has a long way to go before it can challenge Spotify’s dominance.
Spotify also added that 31 percent of its monthly active users come from the United States, 36 percent from Europe, and 22 percent from Latin America.