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100m people use Spotify but it isn't making any cash

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Spotify now has 100 million monthly users

The service has 30 million subscribers who paid monthly to remove ad breaks. Paying also gives users the option to download playlists to listen to offline. (With no internet or data connection)

Spotify is still the market leader, with other music straming services creeping in. The Swedish music straming company was founded in 2006, however, it has never made a profit, even though the service is getting bigger and bigger.

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