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 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 ...
Spotify's Bold AI Gamble Could Disrupt The Entire Music Industry
Spotify is developing premium-tier AI music creation tools that could transform passive listeners into active creators while ...
Music Business Worldwide5d
12m artists uploaded music to Spotify last year. Less than 0.6% generated $10,000 or more in royalties
The proliferation of new artists is a good thing, Spotify says, even if it means it’s harder to be discovered.
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.