http://www.billboard.biz/bbbiz/indus...08041672.story
Spotify Now With 5 Million Paying Subs
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Ek also disclosed that Spotify now has more than five million paying subscribers, one million of whom are in the U.S., where the four-year-old Swedish service launched just a year ago. He also disclosed that his company had paid out $500 million to artists and labels in royalties, an amount that's rapidly accelerating as the number of users continues to grow. The amount represents roughly 70% of Spotify's revenue, Ek added.
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http://news.cnet.com/8301-1023_3-575...s-in-one-year/
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Ek said that Spotify has paid $500 million to artists so far, including $250 million in the last nine months.
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January, 2010:------------ 250,000 paying subscribers
March 17, 2010:----------- 320,000
July 20, 2010: ---------------- 500,000
December 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 paying subscribers
Quote:
5 Million Subscribers Worldwide
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1 Million In the US
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Active Users: 20 million
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$500 Million Paid to Record Labels (70% of Revenues; Up 100% Since March)
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1 Billion Playlists
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Another bright spot for the music industry: VEVO which had paid out $200 million in royalties since it first started in December 2009.
http://www.billboard.biz/bbbiz/indus...08031152.story
Quote:
Vevo announced Tuesday at the Business Inside: Ignition Conference in New York City that the company has paid back $200 million in revenue back to the music industry since being founded in 2009, a figure it touted as higher than any other music-video service.
Caraeff also noted that Vevo would pay more royalty revenues in 2012 than its first two years as a company combined -- or $100 million, as he told Billboard earlier this year, with over $150 million in revenue in its second year in business.
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2009: ?
2010: ?
2011: ?
2012: pay $100 mil in royalties
total royalties paid so far: $200 million
That's news to me.
They better expand it to South America 
