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 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.
12m artists uploaded music to Spotify last year. Less than 0.6% generated $10,000 or more in royalties
The proliferation of new artists is a good thing, Spotify says, even if it means it’s harder to be discovered.
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
Spotify tries to defend its artist payout rates
It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report, the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.
Spotify paid record $10 billion to artists last year
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Julian Satterthwaite reports. The scientists trying to save the fewer tha
Spotify says it paid $10bn in royalties last year amid artist criticism
Spotify says it paid more than $10bn in royalties to the music industry last year, as it seeks to counter criticism from recording artists that it has failed to share the bounty of the streaming era.
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
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