http://www.billboard.com/biz/article...bers-3-million
Spotify Now Has 10 Million Paid Subscribers, 3 Million In U.S.
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It now has more than 40 million monthly active users including the 10 million paying subs – one in four.
“This shows that our conversion rate is working,” says chief executive Daniel Ek. “We’re proving the more people play, the more they’ll pay.”
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Quote:
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Based on Spotify’s current rate of the growth and people familiar with its internal data, Billboard estimates it will pay up to $1 billion to the labels and publishers this year alone. As of last December, the company had paid out up to a total of $1 billion in licensing fees to the music business since its October 2008 launch.
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It's a huge milestone in the music industry.
This time next year? 14 millions paid subscribers possible?
January, 2010:------------ 250,000 paying subscribers
March 17, 2010:----------- 320,000
July 20, 2010: ---------------- 500,000
Dec 8, 2010: ---------------- 750,000
March 8, 2011:--------------- 1,000,000
July 14, 2011: -----------------1,600,000
Sept 21, 2011: --------------- 2,000,000
Nov 23, 2011: ----------------2,500,000
Jan 26, 2012: -----------------3,000,000
July 31, 2012:-----------------4,000,000
Dec 6, 2012: ------------------5,000,000
March 12, 2013:---------------6,000,000
May 21, 2014:----------------10,000,000 paying subscribers
2013 RIAA # for USA music market:
Streaming Revenue: $1.439 billion USD
(up 39.3%)
Singles Download Revenue: $1.569 billion USD (down 3.4%)
Album Download Revenue: $1.234 billion USD (up 2.4%)
CD (physical): $2.1235 (down 14.6%)
Of the 4 categories, streaming will become the biggest of the 4 "segments" by the end of this year.
