Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling?
Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are songwriters still struggling?
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 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 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.
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.
Music Business Worldwide6d
Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event
Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...
Billboard27d
Universal & Warner Music Group Shares Rise on New Spotify Licenses
and Warner Music Group (WMG) are getting some attention as analysts are optimistic about the terms of new licensing agreements Spotify reached with the companies. WMG shares rose 10.9% to $36.20 ...
Radioandmusic.com7h
Spotify's soaring valuation outpaces Music Giants Universal and Warner
MUMBAI: Spotify’s rapid growth is outshining major music labels like Universal and Warner Music, according to Bloomberg. With a market valuation of approximately $110 billion, Spotify is now worth ...
Finally, you will hear it properly – but it will cost you: Spotify launches high-quality music
Spotify is preparing to launch a lossless audio service after years of delays, but unlike Apple Music, the service will come ...
Complete Music Update7d
LyricFind accuses Musixmatch of using Warner Chappell exclusivity deal to freeze competitors out of the lyrics licensing business
LyricFind has filed an antitrust lawsuit against competitor Musixmatch, alleging it created an exclusive deal with Warner ...