Big news: Spotify passed 100M global paying subscribers and 217M monthly users.
Spotify global paying subscribers by quarter (YoY growth):
1) 2015-Q1–18M
2) 2016-Q1–30M (↑ 67%)
3) 2017-Q1–52M (↑ 73%)
4) 2018-Q1–75M (↑ 44%)
5) 2019-Q1–100M (↑ 33%)
Flashback #1: U.S. Music Industry Posts Third Straight Year of Double-Digit Growth as Streaming Soars 30%
Streaming now accounts for 75% of total music revenue!
U.S. streaming music revenue by year (YoY growth):
1) 2015 — $2.3B
2) 2016 — $4.0B (↑ 74%)
3) 2017 — $5.7B (↑ 43%)
4) 2018 — $7.4B (↑ 30%)
Flashback #2: Visualizing 40 Years of Music Industry Sales
More #1: How much does Spotify pay for 1 million streams?
More #2: A brief history of why artists are no longer making a living making music
More #3: The Rise and Fall of the Compact Disc
