In 2024, Spotify alone paid out a record $10 billion to the music industry - totaling nearly $60 billion since our founding. "For a lot of people, those numbers might go in one ear and out the other.

Spotify Technology S.A. said Wednesday that it paid a record $10 billion in royalties last year, but it remains unclear how much musical artists are really taking home at the end of the day.

Data: YCharts. Chart: Axios Visuals Spotify ended last week worth more than $100 billion — a fivefold increase in less than two years. Why it matters: Spotify is now worth more than twice as ...

It stresses that in the decade from 2014 to 2024, Spotify's yearly payouts to the music industry increased tenfold, from $1 billion to over $10 billion, and especially that "There are more artists ...

Drake has dropped his legal case against UMG and Spotify, in which he accused them of colluding to reduce streaming rates for Kendrick Lamar’s ‘Not Like Us’ to increase its visibility. Drake ...

Spotify announced on Tuesday that it paid out $10 billion to the music industry in 2024, $1 billion more than last year, and $60 billion since 2006.

Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record — making its total around $60 billion since it was founded in 2006.