In 2008, the Spotify application launched in Sweden, with founders Ek and Martin Lorentzon announcing licensing - and ownership - deals with the major labels (Sony Music Entertainment, Universal Music Group, and Warner Music Group). Following uTorrent’s acquisition by BitTorrent in late 2006, Ek doubled down on his vision for digital and economic innovation in the music industry … and the seeds of the streaming revolution were sown. While Spotify officially formed in 2006, Daniel Ek originally developed his idea for a service that was “better than piracy but at the same time compensates the music industry” in the wake of Napster’s fall in 2002.Īt the time of Spotify’s founding, Ek was CEO of uTorrent, a digital piracy and peer-to-peer sharing platform. In today’s streaming economy, artist success on Spotify is one of the leading indicators of artist success across streaming and social platforms and music industry verticals, which is what makes understanding your artist Spotify data so important. Decision-making in the music industry is increasingly about innovative insights and being the first to discover new trends, artists, and opportunities to engage audiences. Who will it be in the months to come? (Speaking of The Weeknd, take a look at the real names of the most famous rap and hip-hop artists. Before then, it was Canadian artist The Weeknd who reigned.
The British-born pop star only climbed to the top in the last few months. 1 spot with the most listeners by far, any of the artists in the next four spots could have ranked first in his place. Though Ed Sheeran currently occupies the No. Data on their follower count and most-streamed song is also for July.Ĭlick here to see the most streamed artists on Spotify Artists were ranked based on their number of monthly listeners in July 2022. To determine the most streamed artists on Spotify, 24/7 Tempo reviewed the platform’s streaming data as of Aug.
(Here are some famous musicians who never topped the Billboard Hot 100. The number of monthly listeners an artist has on the platform is a very good indication how popular they are around the world. While some lists rank musicians based on subjective characteristics – likeability, for example, when it comes to Spotify, the data is undoubtedly objective. Spotify dominates the global music streaming market with a 36% market share, and more than 365 million active monthly users.
The number of people around the world who pay for a music streaming service is increasing, and streaming is the primary method of listening to music for many already.
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