Spotify gained more paid subscribers than expected for Q1 amids the coronavirus pandemic

The ongoing pandemic, as we are well aware, has forced unprecedented changes in people’s lives and in the global economy. Tech giants appear to be struggling with the decreasing demand for new handsets, some of their factories not working at full capacity and the consequential delays on product launches. However, streaming services are gaining more subscribers as people are stuck at home. amidst the coronavirus pandemic.

Now, that the popular music streaming service Spotify has announced a 31% spike in its paid music subscriber count, which is a better result than what the company had ...