Spotify is free to download except that the user would have to fall in line with viewing ads, of which there is a lot, in-between songs with the sound quality being capped at 160 kbits/sec. To say the least, the Spotify net worth is staggering. Investors at large, have repaid their faith, with the totality of the Spotify business valued at $26.5 Billion at the end of its opening day at the NYSE. At the time of writing, Spotify has a 36% share of the global music streaming industry.Īs to the question ‘how many songs are on Spotify’ the streaming app hosts 50 million songs with average listeners spending 25 hours on the app per month.

Of these, total premium Spotify subscribers amount to 100 million or more. It almost doubled that by the second quarter of 2019, tapping into 232 million MAUs. A minor dip in the broader scope of development.īy June 2017, Spotify had 144 million monthly active users (MAU). That same year 2011 winded up with Spotify earnings worth $244 million, but with a loss of $60 million.

Spotify progressed with haste sharing its code with iOS developers.

The weeknd spotify stats