Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.
Spotify says it paid $10 billion in royalties in 2024
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.
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?
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 payments.
Spotify tries to defend its artist payout rates
It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report, the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.
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.
After years of complaints, Spotify reveals $10 billion payout to artists in 2024
Taylor Swift’s earlier concerns about streaming royalties take a turn as Spotify announces record-breaking payouts
Spotify Paid 1,450 Artists Over $1 Million in 2024 — When Less Than 1% of ‘Uploaders’ Generated $5,000 or More, Loud & Clear Reveals
Spotify has released its Loud & Clear breakdown for 2024, when 1,450 artists are said to have generated (but not necessarily pocketed) over $1 million in combined recording and publishing royalties from on-platform streams.
Spotify launches a program to publish audiobooks from independent authors
Spotify has launched a program to publish audiobooks from independent authors, focusing on a few genres to start.
Bill Simmons Renews Spotify Contract as Head of Talk Strategy
Bill Simmons, five years after Spotify bought his media startup The Ringer, renewed his contract as head of talk strategy for ...
Spotify’s audiobook arm wants to hear from independent authors.
The company has opened submissions for short-form content “written specifically for audio.” If Spotify chooses to move forward with a submission, it will make an offer and then publish the audiobook.
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 ...
Spotify signs Bill Simmons, its $250 million man, 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 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 ...