Spotify reaches 10m paying subscribers since launch

May 29

  Spotify has announced that it has reached 10 million premium subscribers.

The music streaming company, now the world's largest, also has 40 million monthly active users in 56 countries.
Three-quarters use the free service rather than a premium or paid-for subscription, which costs $9.99 a month and gives ad-free music.

"We've had an amazing year, growing from 20 markets to 56 as people from around the world embrace streaming," said founder and CEO, Daniel Ek. "10 million subscribers is an important milestone for both Spotify and the entire music industry. We're widening our lead in the digital music space and will continue to focus on getting everyone in the world to listen to more music."

Eminem is the most streamed artist on the platform, while Avicii's Wake Me Up is the most played track with more than 235 million streams.

Spotify claims that it has handed more than $1 billion to music rights holders since its launch six years ago.


Don't forget that in order to get your music on Spotify, each of your tracks is required to have an ISRC code. To learn more about how to get ISRC codes, please check our FAQ section.