Spotify has Launched Its Two-Sided Marketplace

Since it was founded in 2006, Spotify has made the majority of its revenue from its subscriber base. The 108 million premium subscribers brought in $1.5 billion last quarter, around 90% of the company’s total revenue. The 124 million ad-supported users accounted for only $165 million in sales.

This revenue imbalance should change shortly with Spotify’s latest service: Artist