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 says its payouts are getting better
Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that ...
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Spotify may be earning more than ever but it's paying out a record $10 billion to rights holders tooSpotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to ...
Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's ...
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.
The proliferation of new artists is a good thing, Spotify says, even if it means it’s harder to be discovered.
A petition calling for Spotify to remove the courses is picking up steam on the Change·org website, with nearly 33,000 ...
Bill Simmons will remain as head of talk strategy at Spotify after reupping his contract there.
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