Spotify market cap in early May 2020 was $26.9 billion.Ģ7. Spotify went public in April 2018, with a valuation of $26.5 billion by the end of the first day’s trading.Ģ6. Estimates vary on how much a Spotify stream is worth to artist: from $0.006-0.0084 to as low as $0.00318/streamĢ5. Spotify annual revenue in 2019 at €6.7 billion ($7.3 billion), with gross profit of €1.7 billion ($1.8 billion)Ģ4. Gross profit in the same quarter was €472 million ($511 million), with operating loss at €17 million ($18 million)Ģ3. Spotify quarterly revenue in Q1 2020 stood at €1.85 billion ($2 billion), €1.7 billion ($1.84 billion) of which came from Spotify Premium subscribersĢ2. Spotify quarterly revenue in Q1 2019 stood at €1.85 billion ($2 billion), €1.7 billion ($1.84 billion) of which came from Spotify Premium subscribersĢ1. Average users listen to 41 unique artists per weekĢ0. Other influential playlists include “RapCaviar” with over 12.8 million followers and “¡Viva Latino!” with 10.6 million followers (April 2020)ġ9. “Today’s Top Hits” playlist is followed by 26 million people (April 2020).ġ8. Around a third of Spotify listening time is spent on Spotify-generated playlists, with another third going on user-generated playlists.ġ7. Drake currently leads the way in monthly streams, at 43 millionġ6. Sheeran is also the most followed artist, with 62.9 million followers (April 2020)ġ5. Sheeran’s “Shape of You” most listened to song in Spotify’s history with close to 2.5 billion streams (April 2020)ġ4. Post Malone was the most listened-to artist of 2019 with 6.5 billion streams.ġ3. Drake, WizKid and Kyla”s “One Dance” the first song to surpass 1 billion streams.ġ2. Over 50 million tracks available on Spotify.ġ1. 44% of users listen to Spotify on a daily basis.ġ0. The average hours spent listening to Spotify per month stands at 25 hours.ĩ. Spotify can lay claim to 36% of the global streaming market.Ĩ. 130 million of these are Spotify Premium subscribers.ħ. 286 million monthly active Spotify users.Ħ. Its rivals include Deezer, Pandora, and most ominously Apple Music, which is aggressively seeking to gain market share.ĥ. The world’s biggest four music labels are responsible for 87% of content available on Spotify.Ĥ. Spotify went public in April 2018, with a market cap of $26.5 billion after the first day of trading.ģ. Spotify was founded in 2006 in Stockholm, Sweden, by Daniel Ek and Martin Lorentzon, though launched officially in 2008.Ģ. You’ll be asked for your Spotify account credentials to proceed.1. Next, scroll to the bottom of the site and select the “Log In” button. Ready to find out what songs and artists you listened to most over the past 12 months? Well, fire up a web browser on your smartphone, tablet, or computer and head to the Spotify Wrapped 2019 website. If you’ve been a member of the music-streaming service for more than the past year, Spotify will break down your favorite artists and songs from the past decade. RELATED: 6 Awesome Spotify Features You Should Be UsingĪs we are entering into a new decade, Spotify is adding something new to Wrapped. And in addition to viewing data about individual songs, you can check out what genres you listened to, how much time was spent streaming, and much more. Now that we have reached the end of 2019, Spotify has launched its Wrapped feature so that you can see what was playing most this year. At the end of each year, Spotify calculates how much time you’ve spent listening to music on the service and which songs and artists were streamed most.
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