10 Interesting Spotify Facts You Are Just Dying to Know

I remember when I first discovered Spotify. My brother-in-law introduced me to it several years ago. Right now, all my music is streamed and I use Spotify as a distribution channel for my music. In this post, I give you 25 interesting Spotify facts you are just dying to know.

In order to do this post and bring you the most burning questions, I have used Quora, Google and my own keyword research to find these facts.

Image for post

Interesting Spotify Facts №1 — How Does Spotify Make Money?

Spotify makes money in two ways.

Firstly, there are paying premium members. There are roughly 141 million Spotify premium users. Therefore, Spotify receives at least £1.4 billion in the total monthly income. However, a lot of those have family memberships. That is an additional 50%. For instance, we pay £14.99 for our family membership.

There is also a freemium membership. This is free to the listener. However, this segment (which makes up the other 50%) generates money for Spotify through advertising. Therefore, 145 million people have to put up with advertising.

Therefore, there are 286 million Spotify listeners in total.

For the rest of this post, please go to…

http://krannaken.com/2020/11/16/interesting-spotify-facts/

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store