While the streaming giant says it paid $10 billion to the music industry in 2024, Variety reports the payment model needs a rethink.
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.
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Digital Music News on MSNSpotify Paid 1,450 Artists Over $1 Million in 2024 — When Less Than 1% of ‘Uploaders’ Generated $5,000 or More, Loud & Clear RevealsSpotify has released its Loud & Clear breakdown for 2024, when 1,450 artists are said to have generated (but not necessarily ...
Spotify on Wednesday released further details about its record $10 billion US in royalties in 2024 in its Loud & Clear report ...
Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty ...
Spotify said it paid $10 billion in royalties in 2024, which was equivalent to about two-thirds of the company's total revenue for the year. That payout was up from $9 billion the year before and 10 ...
Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that ...
Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's ...
Spotify has rolled out its annual update to its Loud & Clear website, the streaming service's annual 'music economics report' ...
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