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 says it paid musicians $10bn in royalties in 2024
Money is paid to rightsholders, rather than directly to artists, and is based on their percentage of total streams over the year
Spotify paid record $10 billion to artists last year
STORY: Spotify says it paid a record $10 billion in royalties to artists in 2024.The streaming giant said that was the largest ever payout to the music industry in a single year. Of that total, nearly 1,
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.
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 royalties last year.
Spotify says its payouts are getting better, but artists still disagree
Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments.
Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
Spotify announced earlier this year that it paid out a record $10 billion-plus to the music industry in 2024, bringing its total to nearly $60 billion since its inception in 2006. The company - the world’s largest paid music-subscription service by a wide margin - maintains that it pays out 70% of every dollar it
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
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.
Is the $10bn Spotify gave artists last year enough to silence its critics?
Spotify paid out more money into the music industry last year than any other retailer in history. View on euronews
Spotify says it paid $10 billion in royalties in 2024
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year ...
Spotify Shares Rise After it Says it Paid $10B in Royalties in 2024
Spotify shares rose after the audio streaming platform said it paid $10 billion in music royalties during 2024. The stock opened 5% higher on Wednesday at $534.18. Shares have doubled over the past ...
Spotify pays record $10 billion in royalties in 2024, marking industry’s biggest annual payout
Spotify paid a record $10 billion in royalties in 2024, with indies earning over $5 billion and songwriter payouts at new ...
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’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 ...