EntertainmentMusicDo you know: How many subscribers does Spotify...

Do you know: How many subscribers does Spotify have?

The number of Spotify subscribers has not stopped rising since the platform was launched, as well as the number of total users of the service. And 2020 has been one of his best years.

5 or 6 years ago, Spotify subscribers were reduced to a very specific type of person: that guy that we all have in our group of friends who keeps going to old theaters downtown and spends half his salary on books. The vindication of copyright, the standard-bearer of culture.Now we add Spotify subscriptions to almost all of them.

Although we all know that there are other options (the fight between Spotify and Apple Music subscribers is getting more bloody every day), there is no doubt who is dominating the international audio scene. And in case anyone had them, Spotify has cleared them.

The platform has released its latest earnings report , which corresponds to 2020. In it we can see that in the last year Spotify subscribers have increased by 24% and have reached the astronomical figure of 155 million people . There are more Spotify subscribers in the world than there are people living in Russia.

Also Read:

The number of active users of the platform (that is, whether they pay or do not pay for the subscription) has also increased by 27% to 345 million people.

The growth of Spotify, in addition to the fact that it has established itself as the king of online audio, comes in a way that not many expected: podcasts. Little by little and hiring some familiar faces (I say voices), Spotify has been making a name for itself in this field.

Despite these good figures, Spotify lost 125 million euros during 2020. But fear not, the data is good. The platform follows a philosophy of investment in growth, which means that it will still have losses for some time, but in 2019 these were 209 million euros, much higher than last year.

Matthew Leisinghttps://www.newsalarms.com/
I cover market structure for News Alarms, specifically how the bond, derivatives, and cryptocurrency markets work or don't.

Latest news

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when it comes to blockchain and decentralized finance (DeFi). But it...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in November 2021 (nearly $ 3 trillion), the memories left by...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for payments for goods and services . This time, it's the South American...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced massive congestion resulting in higher transaction fees . Fortunately, second-layer solutions continue to...

The Bitcoin forever changed by this evolution

As of June 12, 2021, the Bitcoin Network (BTC) has been patiently awaiting the entry into force of its Taproot...

Regulation and taxation on cryptocurrency mining in Russia

The Duma wants to regulate Bitcoin and cryptocurrency mining in the country. The laws would notably make it possible to...

Must read

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

The Bitcoin forever changed by this evolution

As of June 12, 2021, the Bitcoin Network (BTC)...

You might also like
Recommended to you