Eminem tops Spotify's 40m listener list

STOCKHOLM, SWEDEN: US rapper Eminem is the most played artist on the world's biggest music streaming service Spotify, the Swedish company said, announcing it had reached ten million premium users.
Eminem is the most-played artist on Spotify's free streaming music network. Image:
Eminem is the most-played artist on Spotify's free streaming music network. Image: Billboard

Spotify launched in 2008 and now has 40m active users in 56 countries, three quarters of whom use the free service rather than the paid-for subscription.

That compares with the 24m active users, including around six million premium customers according to the company.

Spotify's catalogue is one of the widest available on streaming services, but Eminem did not have to face the stiff competition of The Beatles, who were still not available in the Swedish company's offer.

Despite being released in June 2013, the most played song since the creation of Spotify six years ago was "Wake Me Up" by Swedish artist Avicii. The most popular female artist was Rihanna.

Spotify discreetly publishes its financial results from Luxembourg, where it is headquartered. In its latest report for fiscal year 2012, published last year, the company reported net losses of €58.7m on revenue of €434.7m.

Source: AFP via I-Net Bridge


 
For more, visit: https://www.bizcommunity.com