Spotify now has 158 million paying customers, launches podcast subscription feature

Spotify has now reached 158 million paying customers. The music streaming leader grew in Q1 – 3% in total customers over Q4, 2% in paying customers over Q4 and 21% year over year. Revenue grew 16%. Spotify projects it will reach beyond 162 million paying users soon, despite the recently announced price increases in the US, UK and Europe – $1 increase for US Family customers, £1 increase for UK Student and Duo users, £2 for Family users. EU customers will see an increase of €1 per Student and Duo account and €3 for Family accounts. Spotify still leads other music streaming services…

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