Updated figures for Spotify royalties

New figures shown here from Hypebot show Spotify have a much more impressive set of subscribers building since we last heard news of their paid subscriber status:

• 250,000 paid subscribers
• At very roughly 10 euros each that $40-50,000 million
• That's before revenue from ads, downloads, etc.
• 6 million free subscribers - a drain on the balance sheets for sure
• Ratio of paid to free subscribes 3.5 to 100
• Ration needed to pay the labels? 10 - 12 to 100

My Spotify Royalty Calculator has been updated to demonstrate this, a basic version is now also viewable online here.

Other Spotify news:

• Spotify CEO: U.S. Launch Is 'Looking Pretty Good'
• Subscriber growth in Europe "by the thousands"