Streaming service Spotify punched back at Apple on Wednesday, announcing two days after the official unveiling of Apple Music that it now has more than 20 million paying subscribers and 75 million active users, as well as a cash injection from a major backer.
“What a difference a year makes!” the company said in a statement. At the end of May 2014, the service reached 10 million paying subscribers and 40 million active users — a jump that averages out to one new subscriber every three seconds over the past year, Spotify said, noting that it added as many paying subscribers this past year as it had in the previous five and half years since it launched.