Spotify Paid Music Industry $10 Billion in 2024

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 $60 billion.
Apple Music still pays artists twice as much as Spotify
Compared to Spotify, Apple Music is one of the better-paying platforms for artists. Here's the payment difference between the streamings.
Spotify Hits Milestone: $10 Billion Paid to Music Industry in 2024, $60 Billion Since Founding
Spotify has paid a record $10 billion to the music industry since its founding, aiming for 1 billion paying users.
Spotify’s playlists have altered the music industry in unexpected ways
Novelty suffers, too. By one estimate nearly three-quarters of streamed songs are over 18 months old. Compared with the raucous explosion of genres that characterised popular music until the 2000s— hip hop in all its iterations, the innovation of golden-era British dance music—contemporary music can seem oddly flat.
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.
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,
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