Spotify might be dethroned because the king of streaming music as early because the summer season.
Arch-nemesis Apple Music has the Swedish firm in its cross-hairs, based on WSJ.com, and will overtake it ahead of most observers thought attainable.
Spotify, the world’s hottest streaming music service, final month hit the 70 million subscriber milestone, whereas Apple has introduced it has 36 million.
Nonetheless, Apple’s US consumer base has been rising at a charge of 5 p.c a month, whereas Spotify is rising at 2 p.c. Apple’s standard units have helped add subscribers to its music service, which is preloaded on all its .
The information comes solely months from Spotify’s deliberate preliminary public providing.