![]() Spotify was one of hundreds of companies to suspend operations in Russia following the country’s invasion of Ukraine. Spotify lost over 5 million users in Russia This likely contributes to the lower amount of royalties artists see from Spotify streams. Streamshare comes from Spotify’s net revenue of ads and premium subscriptions, but it’s calculated after the company removes key operating costs from their net revenue. Those rights holders, which are usually record labels and distributors, pay artists at an agreed-upon amount Spotify has no knowledge of. They pay rights holders at a negotiated streamshare instead, typically once a month. However, it’s important to note that although this is how much artists make per stream, this isn’t how Spotify pays artists that stream music on their platform.Īccording to the Royalties section of Spotify’s documentation for artists, Spotify doesn’t pay artists directly at all. This means artists are making less, even as Spotify’s revenue and user base grows. The average payout of $0.0033 per stream is quite low when compared to the average payout of $0.00521 per stream Spotify paid in 2014. Millennials and Gen Z make up the majority of Spotify’s user base, according to data from Statista.ġ9% of Spotify users are over the age of 55, 16% are 35-44, and 11% are 45-54.Īt $0.0033 per stream, artists need over 304 streams in order to make $1. 55% of Spotify’s user base are between the ages of 18 and 34 North American, Latin American and rest of the world subscriptions accounted for 28.5%, 21% and 11.75% of premium subscriptions respectively. 39% of Spotify’s premium subscribers live in EuropeĮurope is also the app’s strongest market as far as premium subscriptions go. They account for 22%, 21.5% and 25.25% of the app’s monthly active users respectively. North America, Latin America and the rest of the world use Spotify almost equally. 31.5% of Spotify’s monthly active users live in EuropeĮurope was Spotify’s strongest market in 2022 by far. In 2022, Spotify had an average of 192.5 million active premium users per month and 269 million ad-supported users per month. We can even break this stat down further. This is compared to an average of 377 million active monthly users in 2021. Spotify had an average of 450 million active monthly users in 2022Īccording to Spotify’s quarterly reports for shareholders, the app had at least 400 million active monthly users per quarter in 2022. Source: Spotify’s 2022 Financial Report 10. Spotify is available to use in 184 out of the 195 countries and territories that exist around the world. Spotify is available in 184 countries and territories around the world Source: Spotify’s 2022 Financial Report 9. This was a 20% increase over 2021’s total. Spotify’s combined audience of premium and ad-supported users streamed 132 billion hours of content in 2022 alone. Spotify’s user based streamed 132 billion hours of content in 2022 It’s one of the top 10 free apps on Google Play and one of the top 25 free apps on the App Store. It has a 4.7 rating on Google Play from over 74,000 reviews and a 4.8 rating on the App Store from over 25 million reviews. There are over 300,000 audiobooks on Spotify The Joe Rogan Experience is the #1 podcast on Spotify for the third year in a row There are over 5 million podcasts on Spotify Spotify Acquired 4 New Businesses in 2022 Spotify has over 32.5 million monthly podcast listeners in the United States Spotify's Today's Top Hits Playlist has over 33 million likes ![]() Streams for "Running Up That Hill" increased by more than 8,700% globally Bad Bunny's Un Verano Sin Ti Album was streamed 183 million times in one day "As It Was" by Harry Styles was streamed 1.5 billion times in 2022 Bad Bunny received over 18.5 billion streams in 2022 Content from major music corporations accounted for 75% of streams on Spotify in 2022 There are more than 100 million tracks on Spotify Spotify increased the fair value of their stake in Tencent Music Entertainment Group to $1.17B in 2022 ![]() Spotify artists make between $0.0033 and $0.0054 per stream ![]() 55% of Spotify's user base are between the ages of 18 and 34 39% of Spotify's premium subscribers live in Europe 31.5% of Spotify's monthly active users live in Europe Spotify had an average of 450 million active monthly users in 2022 Spotify's user based streamed 132 billion hours of content in 2022 Spotify has been downloaded over 1 billion times on Android devices Spotify has spent more than $36B on royalties since it launched Spotify's gross profit from ad-supported plans decreased by $93M in 2022 Spotify spent $3.9B on operating costs in 2022 Editor's top picks – Spotify statistics. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |