1. Spotify (30) | 2. Apple Music (11) | 3. Pandora (3.9) | 4. Rhapsody (3.5) | 4. Napster (3.5) | Source: Statista
Annual income growth of 41 percent means streaming platforms are now the music sector's single-largest revenue source. But will the spoils be passed on to artists, who often complain of paltry earnings?
Ed Sheeran's single "Shape of You" was streamed 1.4 million times in 2017. Was that enough for the number one spot?
As the popular music streaming service goes public today, Spotify is set to continue to revolutionize the music business. But who ultimately profits?
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