The United States accounted for 29.3% of global streaming hours in 2020 while Ed Sheeran’s “Shape Of You” was the most streamed song on Spotify with 2.7 billion streams to date (October 2020). In 2020, Spotify reported a revenue of 7.88 billion euros and 43% of its monthly active users used the ad-supported version that same year. Spotify has increased its presence in 85 additional countries since 2020.Spotify is one of the world’s leading music streaming services, with over 381 million monthly active users and 172 million premium subscribers as of October 2021. There are 178 countries where Spotify is currently available. Source: Spotify In how many countries is Spotify available? Here are the top 5 most popular podcast genres among Spotify’s worldwide audience: Source Spotify What are the most popular podcast genres on Spotify? Here are the top 5 most popular podcasts on Spotify worldwide: Source: Chart Masters What are the top five popular podcasts on Spotify? Goodbye & Good Riddance (Anniversary Edition) - Juice WRLDĭivinely Uninspired To A Hellish Extent (Extended Edition) - Lewis Capaldi In The Lonely Hour (Drowning Shadows Edition) - Sam Smithĭon't smile at me (Expanded Edition) - Billie Eilish WHEN WE ALL FALL ASLEEP, WHERE DO WE GO? - Billie Eilish In 2022, Spotify hold a 32% share of the online audio stream industry.įuture Nostalgia (The Moonlight Edition) - Dua Lipa Source: Time, Spotify 1, Spotify 2 What is Spotify's market share? I’m the One - DJ Khaled, Justin Bieber, Chance the Rapper, Quavo, Lil Wayne Something Just Like This - The Chainsmokers feat. Ty Dolla $ign) – Post Maloneĭespacito (Remix) - Luis Fonsi, Daddy Yankee, and Justin Bieberĭespacito - Luis Fonsi feat. Old Town Road – Remix – Lil Nas X, Billy Ray Cyrus Roses – Imanbek Remix by Imanbek and SAINt JHN STAY (with Justin Bieber) - The Kid LAROI MONTERO (Call Me By Your Name) - Lil Nas X Ek pledged to invest 1 billion euros in European technology in September 2021, cofounding the venture capital firm Prima Materia. In 2006, Ek and his business partner Martin Lorentzon founded the company in Sweden, and the product was launched in 2008. Stockholm-born Daniel Ek is the co-founder and CEO of Spotify, a music streaming service.The company has over 381 million users, with 172 million of them being paying subscribers.Ek owns nearly 9% of the shares but has 37% voting control thanks to a dual-class share system. Source: BBC What is the net worth of Spotify's founder(s)?
SPOTIFY STATISTICS UPGRADE
Two years after its launch, Spotify provided music lovers with a free service that included advertisements in the hopes that they would upgrade to the £10 a month ad-free subscription. They created the platform in 2006 in response to the music industry's mounting piracy issue. Spotify was initially a small start-up in Stockholm, Sweden, founded by Daniel Ek and Martin Lorentzon. The number of Spotify employees reached 9,808 as of 2022. Source: Strategyzer How many people work at Spotify?
SPOTIFY STATISTICS FOR FREE
It operates on a freemium revenue model, providing a basic, limited, ad-supported service for free and an unlimited premium service for a fee. Spotify is a music streaming platform that gives users access to a large catalog of music. Spotify's main revenue source comes from users upgrading to a premium subscription. Source: Crunchbase How does Spotify make money? Megaphone (formerly Panoply Media) acquired by Spotify
Spotify has raised a total of $2.1 billion in funding over 18 rounds.As of 2021, Spotify generated $9.668 billion in revenue.In 2022, Spotify's market cap exceeds $15.09 billion.Spotify currently has almost 4.7 million free accessible podcasts.Over 80 million songs are available on the Spotify store.Spotify users in Europe account for 39% of the total Spotify customer base (about 220,350,000 premium subscribers are Europeans).There were 195 million Spotify premium subscribers in 2021.In 2021, there were 273 million Spotify ad-support users.The monthly active users of Spotify users reached 456 million users as of the third quarter of 2022.Interesting Facts about Spotify (Top Picks)
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