5 Biggest Online Streaming Companies in the World

3. Spotify 

Number of Subscribers: 182 Million

The third on the list of biggest online streaming companies in the world is Spotify. It is a Swedish streaming company that streams music and podcasts. However, some of the music and podcasts are audio only. As of the Q1 of 2022, Spotify had 182 million subscribers, one of the highest numbers in the streaming industry. 

The company generated a revenue of $2.8 billion in the first quarter of 2022 and hosts as well as streams various popular podcasts including The Joe Rogan Experience, one of the most popular podcasts on Spotify, though one that attracted controversy . Other than that, various high-profile singers put their music on the streaming service, including Taylor Swift, Justin Bieber, Drake and Eminem to name a few. 

Spotify offers both free and premium options. Both options provide equal access to content but premium users have the privilege of early access to exclusive content or new music release while free users would have to wait for a few weeks for the same. Also, there’s no ads in the premium option.