Music-streaming service Spotify has revealed it now has 10m paying subscribers and 40m active users in 56 markets worldwide.
The company revealed that since it launched in 2008 users have created more than 1.5bn playlists and are currently creating more than 5m playlists a day across a myriad of devices, from desktop computers and laptops to smartphones and tablet devices.
In that time, it says it has driven more than US$1bn to rights holders.
“We’ve had an amazing year, growing from 20 markets to 56, as people from around the world embrace streaming music,” said Daniel Ek, CEO and founder, Spotify.
“Ten million subscribers is an important milestone for both Spotify and the entire music industry.
“We’re widening our lead in the digital music space and will continue to focus on getting everyone in the world to listen to more music.”
Spotify revealed that Eminem is the most streamed artist of all time and that Wake Me Up by Avicii is the most streamed song of all time on the service. Rihanna is the most streamed female artist.
David Guetta is the second most streamed male artist and Katy Perry the second most streamed female artist of all time.
David Guetta is the most followed artist on Spotify, with more than 5m followers.
In the past month, Top 100 Pop Tracks on Spotify was the most streamed playlist, while Clean Bandit’s Rather Be feat. Jess Glynne was the most played song in offline mode.
The growth of Spotify
Spotify image at top via Shutterstock