Spotify paying) in December 2014, 75 million users (20 million paying) in June 2015, 30 million paying subscribers in March 2016, 40 million subscribers in September 2016, and 100 million total users in June 2016. As of November 2018, Spotify has 191 million active users, including over 87 million paying subscribers. According to "TechCrunch", Spotify was planning to launch on the stock market in 2017, but is instead planning on doing the IPO in 2018 in order to "build up a better balance sheet and work on shifting its business model to improve its margins". The value of its IPO is
2010s in the music industry West, Madonna) announced that they were partial owners, and held a stake in Tidal. Tidal currently claims to have 42 million paying subscribers. Pricing: Tidal premium (the first tier option) is priced at $9.99 per month while the Tidal HiFi (second tier) is priced at $19.99 and gives users access to higher quality tracks known as "high fidelity, lossless audio" which come in the form of FLAC. Business Model: subscription-based streaming. Launched as a beta in 2007, Amazon Music is a digital music streaming service that combines the a-la-carte and subscription based payment models; users can download or stream songs.