Major record labels earned over $4 billion in profit in 2021.

Over 1000 artists earned more than $1 Million through Spotify royalty in 2021.

Spotify Broke the record for the biggest yearly payout from any retail business in history.

That’s more than any other music streaming service. Spotify paid over $7 Billion to its artists in 2021.Her Album titled “SOUR” was also the most-streamed album of last year. Olivia Rodrigo had her single “ driver’s license” as the most-streamed track of 2021.With Taylor Swift, BTS, Drake, and Justin Beiber in 2nd to 5th position, respectively. Bad Bunny Was the most-streamed Artist on Spotify in 2021.Ed Sheeran is the artist with the most monthly listeners, with 80.75 Million audiences, 80,733,274 to be precise, as of September 2022.1,800,000 songs are uploaded on Spotify every month on average.256 million of Spotify’s monthly users are ad-supported.North America (USA + Canada) comes second with a 22% share.Europe accounts for 32% of Spotify’s monthly active listeners.out of which 188 million are premium subscribers. Spotify has 433 active monthly listeners as of 2022.It is estimated that Spotify currently has over 11 million artists and creators on its platform. Spotify has 82 Million songs on its platform as of 2022.

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