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In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers.� In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding.� For a lot of people…
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On Our $10 Billion Milestone and a Decade of Getting the World to Value Music
Margarett Block
17:21
In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers.� In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding.� For a
