Total Q2 revenue was $384.8 million, an increase of 12% year-over-year (excluding its now-discontinued operations in Australia and New Zealand and Ticketfly, which it sold last fall). Music streaming service Pandora has reached 6 million paying subscribers to its service, after adding 351,000 during Q2 2018. The number of free users of its app stood at 71.4 million, down from 76 million for the same period last year. As it is only available in the US, this places it above Spotify, which has just 56 million total users in North America. Spotify and Apple are both expected to announce new music subscription services later this year, with a launch date set between late 2018 and early 2019.
Music streaming service Pandora has reached 6 million paying subscribers to its service, after adding 351,000 during Q2 2018. The number of free users of its app stood at 71.4 million, down from 76 million for the same period last year. As it is only available in the US, this places it above Spotify, which has just 56 million total users in North America. Spotify and Apple are both expected to announce new music subscription services later this year, with a launch date set between late 2018 and early 2019.