2020 By Spotify

admin 11/23/2021
  • Some 40% of CD Baby’s digital royalty payouts in 2020 were from Spotify, which contributed just over $50 million. That was up by $6.3m on the figure CD Baby collected and paid out from Spotify in 2019. Apple Music was once again the second biggest contributor of digital revenues to CD Baby artists in 2020.
  • Ek said Spotify’s April 28 earnings call the global audio market could be worth $200 billion by 2030, more than 20 times later than Spotify’s $9.5 million revenue in 2020.
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