The global streaming revenue of Spotify was over 6.7 billion euros in 2019, marking growth of 29 percent from the previous year. However, when these figures are broken down into the labels of majors' shares and Merlin independents, independent labels show the greatest growth rate, with other independent labels seeing revenue increases of 58 percent between 2018 and 2019.
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Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label
(in million euros)
Characteristic
Total
Majors and Merlin
Majors
Merlin
Others
Other independent labels
Independent artists
2018
5,259
4,470
3,769
747
789
527
262
2019
6,764
5,546
4,770
831
1,218
831
387
Created with Highcharts 7.2.2Revenue in million euros5,2595,2596,7646,7644,4704,4705,5465,5463,7693,7694,7704,7707477478318317897891,2181,218527527831831262262387387TotalMajors and MerlinMajorsMerlinOthersOther independent labelsIndependent artists20182019
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MIDiA Research. (April 28, 2020). Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label (in million euros) [Graph]. In Statista. Retrieved June 13, 2025, from https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/
MIDiA Research. "Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label (in million euros) ." Chart. April 28, 2020. Statista. Accessed June 13, 2025. https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/
MIDiA Research. (2020). Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label (in million euros) . Statista. Statista Inc.. Accessed: June 13, 2025. https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/
MIDiA Research. "Spotify’s Annual Streaming Revenue Worldwide in 2018 and 2019, by Type of Label (in Million Euros) ." Statista, Statista Inc., 28 Apr 2020, https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/
MIDiA Research, Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label (in million euros) Statista, https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/ (last visited June 13, 2025)
Spotify’s annual streaming revenue worldwide in 2018 and 2019, by type of label (in million euros) [Graph], MIDiA Research, April 28, 2020. [Online]. Available: https://www.statista.com/statistics/1130109/spoitify-worldwide-streaming-revenue-by-label/
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