
Spotify global streaming revenue 2018-2019, by label
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.