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 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.
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 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.
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
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Spotify Paid Out $10 Billion, But Songwriters Are Still Salty
Looks like 2024 was a major year for streaming; Spotify reported that 1,500 artists generated over $1 million each in ...
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The Spotify bug that shows ads to Premium subscribers has finally been fixed - for now at least
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This Billionaire Just Bought $560 Million of This Brilliant Stock Up Nearly 650% Since 2023
Coleman and his team at Tiger Global Management recognize this and see a path of continuing revenue growth. Wall Street ...
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 ...
Spotify says it fixed weird bug that is pushing ads to Premium users
Spotify is telling users to log in and out of their account, clear cache, and reinstall the app to get rid of ads, but no solution seems has worked universally.
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 ...
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 ...