Spotify paid out a record $10 billion

Spotify Paid Out $10 Billion to the Music Industry in 2024 - $1 Billion More Than Last Year - and $60 Billion Total
While that figure may seem questionable considering how little many musicians make from streaming, it's important to bear in mind that Spotify (like most streaming services) pays
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 it has given nearly $60
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 reveals $10bn of music industry payouts in 2024
Music service Spotify says it paid out $10bn to the music industry in 2024, taking its lifetime payments to nearly $60bn.
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 Paid $10 Billion USD To The Music Industry In 2024
Spotify paid $10 billion USD ($16 billion AUD) to the music industry in 2024, the streaming giant said this week. With last year’s total revealed—a new record for Spotify—the company has paid almost $60 billion to the music industry since its founding.
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 claims record payout to music industry after refuting that Apple Music pays artists more
Maybe it’s a coincidence, and it took four weeks to crunch the numbers! Anyway, Spotify says it paid out $10 billion to the music industry last year, nearly matching global recorded music revenue from a decade ago: In 2014,
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 ...
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