By Tony Connelly

Spotify is currently experiencing its fastest ever rate of growth after adding an additional nine million paid subscribers in the last five months.

The increase in its userbase averages around 450,000 people every week and, if it continues at the same rate, will see Spotify surpass the 50 million subscriber mark within the next six months.

The latest figures were revealed by Spotify’s global head of creator services, Troy Carter, who confirmed that the service now has more than 39 million subscribers worldwide, up by nine million from the last official number given in March.

Its dominance in the space becomes Read full story ›

Source: The Drum