Spotify paid out a record £7.7bn in royalties in 2024
Spotify paid the music industry $10bn (£7.7bn) in 2024, which the streaming service said was the highest annual payment from any single retailer in history. But the figures come as a heated debate continues about how much money artists and songwriters receive in royalties.
Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are songwriters still struggling?
Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.
Spotify’s $10 Billion Payout Shakes Up Music Industry in 2024
Spotify has unveiled its annual Loud & Clear report, highlighting record-breaking royalty payouts and global growth in the music industry. In 2024, Spotify paid out over a whopping $10 billion US to the music industry—more than any other company and the largest annual payout in music history.
Spotify paid over $10B US to the music industry last year. How much actually makes it to the artists?
Spotify on Wednesday released further details about its record $10 billion US in royalties in 2024 in its Loud & Clear report. The report comes amid the ongoing debate about how much money artists and songwriters actually receive in royalties and whether it is actually fair.
Spotify Shares Rise After it Says it Paid $10B in Royalties in 2024
Shares have doubled over the past year. Spotify published a report Tuesday night detailing how much it paid artists last year. The $10 billion in royalties represented a ten-fold increase in payouts since 2014,
Spotify paid record $10 billion to artists last year
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Julian Satterthwaite reports. The scientists trying to save the fewer tha
Spotify says it paid $10bn in royalties last year amid artist criticism
Spotify says it paid more than $10bn in royalties to the music industry last year, as it seeks to counter criticism from recording artists that it has failed to share the bounty of the streaming era.
Spotify Pulls Down Andrew Tate’s Podcast About ‘Pimping Hoes’ Amid Criminal Probe
The music streaming platform received criticism for keeping the show for as long as it did.
Spotify signs Bill Simmons to a new deal
Bill Simmons will continue his namesake show covering sports and pop culture on Spotify and serve as the company’s head of ...
Spotify says its payouts are getting better, but artists still disagree
Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty ...
Spotify may be earning more than ever but it's paying out a record $10 billion to rights holders too
Spotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to ...
Spotify (SPOT) Stock Sings from the Rooftops After $10B Payout to Music Stars
Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that it paid $10 ...
Spotify's new revenue data shows streaming success despite Nashville artists' concerns
Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's impact.
Bill Simmons Signs New Contract at Spotify
Bill Simmons will remain as head of talk strategy at Spotify after reupping his contract there.
Pocket Casts makes its web player free, takes shots at Spotify and AI
"The future of podcasting shouldn't be locked behind walled gardens," writes the team at Pocket Casts. To push that point ...