Remarkably, in 2016, streaming revenues increased by 60.4%, which correlated with a 5.9% increase in music industry revenues. Overall, the music streaming industry has helped halt 15 years of steadily decreasing music industry revenues. And as of January 2018, Spotify has grown to 70 million paid subscribers, and hosts an additional 70 million free ad-supported users. From 2012 to 2016, the number of paid Spotify subscribers increased from 5 million to 17 million. The number of Spotify users has grown immensely in recent years. is on track to become the Google of the music streaming world.
Music Streaming & International Copyright LawĪccording to Paul X McCarthy, an adjunct professor studying the global impacts of technology, Spotify Technology S.A.
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