Spotify Shares New User, Artist Payment Stats
At a press conference Thursday, Spotify CEO Daniel Ek shared some new stats:
- 1 billion playlists
- 1 million paid U.S. users in 1 year
- 5 million paid worldwide
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- 20 million free and paid users worldwide
Artists payments doubled in the last 9 months according to EK, who says that 70% of their income is returned to rightsholders. $500 million has been paid out so far, according to today's announcement.