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
MOG (online music) MOG's music streaming service for $14 million The acquisition did not include MOG's advertising network, the MOG Music Network, which was sold in a separate deal on 24 August 2012 to the radio broadcasting and media company Townsquare Media. In January 2014, it was announced that MOG would be discontinued on 15 April 2014 in favor of Beats Music, and that existing subscribers would receive refunds. The shutdown was delayed to 31 May 2014. Former MOG subscribers were offered a free, 60-day trial of Beats Music. In Australia, MOG was offered through Telstra's BigPond Music (BPM) service. Telstra officially announced