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Spotify Soars to 320 Million Listeners, with 144 Million Paid Members

posted by martyb on Friday October 30 2020, @10:09AM   
from the easy-listening dept.

Phoenix666 writes:

Spotify soars to 320 million listeners, with 144 million paid members:

Spotify soared past a worldwide listener milestone as the number of people using the service climbed 29% to 320 million in the third quarter, the music streaming service said Thursday. Excluding anyone who listens free with advertising, Spotify's paid members also rose 27% to 144 million, the company said.

The latest figures further cement Spotify as the world's biggest subscription music service.

How does it compare to p2p these days?

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Original Submission

• Re:What about the starving artists? Re:What about the starving artists? (Score: 2) by DeathMonkey on Friday October 30 2020, @06:42PM (1 child)

  by DeathMonkey (1380) on Friday October 30 2020, @06:42PM (#1070962) Journal

  A lot of them are definitely hurting from the lack of live shows!

  Although that is presumably what drove this increase in Spotify so whatever pittance they get there has likely increased a bit.

  You can judge for yourself whether it's a good deal: What Streaming Music Services Pay Artists 2020 update [onyrix.com]

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• Re:What about the starving artists? (Score: 2) by zoward on Friday October 30 2020, @07:21PM

  by zoward (4734) on Friday October 30 2020, @07:21PM (#1070977)

  Thanks for linking the chart. A lot of the artists I like are on Bandcamp [bandcamp.com], which pays out 80-85% of the purchase to the artist, with occasional specials running post-COVID where they pay out 100%. While I've jumped in on the 100% day just to support the artists I like, I don't think taking 10-15% for processing, streaming, etc. is unreasonable, so I have no qualms about buying any other day either.

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