Spotify now has 60 million users

By TIME
By TIME
SWEDEN-MUSIC-COMPANY-SPOTIFY
This photo illustration shows a woman as she uses the iPhone application of Swedish music streaming service Spotify on March 7, 2013 in Stockholm, Sweden.
Photograph by Jonathan Nackstrand — AFP/Getty Images

This post is in partnership with Time. The article below was originally published at Time.com.

By Victor Luckerson, TIME

Spotify is ringing in the new year with a new userbase milestone. The music streaming service announced Monday that it has reached 60 million active users and 15 million paying subscribers who shell out about $10 a month for an ad-free experience.

The new figures imply that Spotify’s growth rate is accelerating. The company announced in May that it had reached 40 million users and 10 million paying subscribers. In November, amidst controversy over Taylor Swift pulling her entire music catalogue from the service, Spotify revealed that it had 50 million subscribers, 12.5 million of whom were paying customers. Now the company has increased its user base by another 10 million over the course of just a few weeks.

Spotify leads the market of on-demand music streaming services by a large margin. Deezer, the second-place service, has 16 million active users and 6 million paying subscribers.