Spotify has 40 Million active monthly users with 10 million paying subscribers!
Spotify has today confirmed that has over 10 million paying subscribers globally for the music streaming service with a whopping 40 million active monthly users for non-premium service alone.
The Swedish company has announced the figures, which showcase just how big the service has got in its 6 years of activity. The service was originally launched back in 2008 and has since become the name popularised name for streaming music.
It offers free to listen music to users, providing they don’t mind listening to a few adverts, or for the 10m paying premium customers its offers exclusive desktop and mobile streaming ad free. The service has revolutionised the way that the general population and music industry digests music with official charts now taking into account services like Spotify for its official polling.
Daniel Ek, CEO and founder of Spotify has stated:
“We’ve had an amazing year, growing from 20 markets to 56 as people from around the world embrace streaming music. 10 million subscribers is an important milestone for both Spotify and the entire music industry,” and that they are “widening our lead in the digital music space and will continue to focus on getting everyone in the world to listen to more music.”
The releases states that Eminem is the most streamed artist on the platform, while Avicii’s ‘Wake Me Up’ is the most played track with more than 235 million streams.
Additionally Spotify (who dop come under some flack for not paying enough to Artists) claims that it has handed over $1 billion dollars to music rights holders since its launch six years ago.