PYMNTS Daily Data Dive: Boku Expands Billing For Switzerland Spotify

By  |  November 4, 2016
 | 

Independent carrier billing company Boku announced Wednesday it expanded billing for Spotify music users in Switzerland. Six and a half million Swisscom subscribers can now access carrier billing as payment for Spotify Premium.

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    Spotify has 30 million paying subscribers worldwide and reported sales of $2.2 billion but paid $1.8 billion out in contracts to the music industry. Half of that total went to Universal, Sony and Warner.

    Here are the numbers:

    6.5 million | Number of Swisscom subscribers who now can access carrier billing to pay for Spotify Premium

    30 million | Total number of paying Spotify Premium customers worldwide

    $2.2 billion | Spotify’s reported sales

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    $1.8 billion | Amount Spotify paid the music industry in contracts in 2015

    ½ | Amount of Spotify’s sales taken home by Universal, Sony and Warner


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