SPOTIFY STREAMS
TO 60M SUBS

Sources at Spotify confirm that the streamery has passed the 60m subscriber mark, further evidence of the streaming boom hitting critical mass and the new windfall for the music industry. Spotify's nearest rival, Apple Music, enjoys about 30m, but both services—and up-and-comer Amazon Music—are showing strong growth.

The information comes as Daniel Ek's company gears up for public trading, either as a direct listing or via a long-anticipated IPO.

To celebrate, the company is grooving to a playlist of chill music by imaginary Swedish bands.