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Spotify to hit 100 million subscribers soon

There is no looking back for the Swedish online audio streaming giant Spotify, as it is going to enter the 100 million hallmark very soon.

Spotify which was hit with a whopping $1.6 billion lawsuit recently, following allegations of bypassing mechanical licenses, according to rumors, may go public on the NYSE next month.

Spotify has lost $1.6 billion in the last two years and it would be interesting to see Spotify’s next move as according to a report from Wall Street Journal, Apple Music may surpass Spotify’s US subscriber base soon in the US.

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