, obviously Spotify adds more users every day at a very high pace but still.
These records get broken every other month. By June Kanye or Drake will break this one.
The fact that these records get broken time all the means Spotify gets more members, which means that Spotify will pay the artists (see owners of the music) more money. If these people pay out 70% of their revenue from 100 million people, that's at least $8.4 billion in the coming 12 months.It’s becoming redundant. These records don’t mean shyt and are just for marketing purposes. I actually think all these “records” that keep getting broken are only continuing to diminish the value of music..... but I’ll digress
" but since its Cole we gonna act like this isnt dope 

The fact that these records get broken time all the means Spotify gets more members, which means that Spotify will pay the artists (see owners of the music) more money. If these people pay out 70% of their revenue from 100 million people, that's at least $8.4 billion in the coming 12 months.
More than twice as much as Warner Music Groups revenue, and on WMG, digital sales increased by 24% to 1.7b in 2017 which was a much bigger increase than the downfall in physical from 730m to 670m. So streaming is obviously a good thing the more people that stream. If it continues in this way, labels will be making more than they ever had in a few years. It's also good for artists with classics that will keep on getting streams forever, just look at someone like Ice Cube, dude has 5 million listeners every month. Millions of people have to pay him a few cents every month to listen to his shyt that they might've bought 25 years ago.
I got the number wrong not 100 million but 70 million paying subscribers and 159m in total, so approx 6 billion in payouts. Add Apple Music, which claims 36 million paying. They've managed to capture a lot of people that would buy 1-2 albums per year and a few songs and get them to spend 120 per year. Or people like myself and my friends that were spending 0 on music and filling hardrives with .rar to spend 120 bucks.I get what ur saying, but how many of these are paid subscribers? I remember reading an article about the current hip hop bubble with streams and how they were trying to find a way to restructure the charts based on paid subscribers listeners verse non-paid
6 billion in payoutI got the number wrong not 100 million but 70 million paying subscribers and 159m in total, so approx 6 billion in payouts. Add Apple Music, which claims 36 million paying. They've managed to capture a lot of people that would buy 1-2 albums per year and a few songs and get them to spend 120 per year. Or people like myself and my friends that were spending 0 on music and filling hardrives with .rar to spend 120 bucks.

typical though.If Drake broke the record yall would be in here talking about "he runs the game" but since its Cole we gonna act like this isnt dope
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