Spotify claims record payout to music industry

Spotify Paid the Music Industry $10 Billion in 2024
Spotify said today that it paid out a record $10 billion to the music industry last year, bringing its total payments to over $60 billion.
Spotify Pays $10 Billion to Music Industry in 2024 And Nearly $60 Billion Since 2006
As for looking ahead, Spotify expects its premium subscriber base to grow to 260 million and its MAUs to reach 665 million by the end of Q4 2024. The company will report its full earnings for the quarter on February 4, 2025, before the market opens.
Spotify claims record payout to music industry after refuting that Apple Music pays artists more
Five days ago, Spotify disputed a report that Apple Music pays artists more than double compared to Spotify’s average rates. In completely unrelated news, Spotify has published a blog post announcing record payouts to the music industry in 2024.
Spotify Hits Milestone: $10 Billion Paid to Music Industry in 2024, $60 Billion Since Founding
Spotify has paid a record $10 billion to the music industry since its founding, aiming for 1 billion paying users.
Spotify’s playlists have altered the music industry in unexpected ways
Novelty suffers, too. By one estimate nearly three-quarters of streamed songs are over 18 months old. Compared with the raucous explosion of genres that characterised popular music until the 2000s— hip hop in all its iterations, the innovation of golden-era British dance music—contemporary music can seem oddly flat.
Apple Who? Spotify Claims the ‘Highest Annual Payment to the Music Industry’ After Surpassing $10 Billion In 2024, Targets ‘1 Billion Paying Listeners’ Across All Platforms
Just moments after a report indicated that Apple Music pays far better, Spotify is touting the record $10 billion it paid out to the music industry in 2024 – and eyeing a goal of one billion paid subscribers across all on-demand services.
Spotify maintains it's paying musicians a lot, actually
Sure, a decent chunk of that did go to the artists—the release states that “well over 10,000 artists generate over $100,000 per year from Spotify alone”—but it seems to suck for most of those beneath the Bad Bunnys and Taylor Swifts of the world.
Spotify says that streaming has made the world ‘value music’
In the blog, humbly titled “Getting the world to value music,” Kaefer describes the pre-streaming era of music as an ...
Spotify says it paid $10 billion to music industry last year
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that ...
What Is Spotify's No Healthy Upstream Error And Can You Fix It?
If your life revolves around instant playlists and your favorite musical artists, errors in the Spotify app or on the web can ...
Lifewire on MSN8d
How to Play Music and Podcasts on Your Xbox Series X or S Effortlessly
Turn your Xbox Series X or S into a music streaming hub Download a music or podcast app from the Microsoft Store, log in if ...
The Hollywood Reporter2d
Spotify Announces New Multiyear Deal With Universal Music Group
The new publishing agreement establishes a direct license between Spotify and Universal Music Publishing Group. By Zoe G. Phillips Spotify and Universal Music Group announced a new multiyear ...
TechRadar29d
Forget Spotify – I’m going all-in on Bandcamp for music in 2025, here’s why you should too
remix it with music software, stick it on a USB and play it through some decks. Spotify and apps like it relegate the listening experience to one place, but Bandcamp actively encourages you to ...