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.
Spotify Pays $10 Billion to Music Industry in 2024 And Nearly $60 Billion Since 2006
As for looking ahead, Spotify expects its premium subscriber base to grow to 260 million and its MAUs to reach 665 million by the end of Q4 2024. The company will report its full earnings for the quarter on February 4, 2025, before the market opens.
Spotify and Universal Music Group have announced a new multi-year agreement which could result in new subscription tiers on ...
As The Verge reports, the deal suggests Spotify is considering a new “super-premium” tear geared towards “superfans.” ...
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
Spotify Technology S.A. (NYSE:SPOT), the world's leading audio streaming platform with a market capitalization of $107 ...
Spotify CEO Daniel Ek responded to the exec’s leaving note on LinkedIn, thanking Konstan “for everything [she’s] done for ...
Spotify is looking to land more video creators. Its head of content partnerships shared how the platform is taking on podcast ...
Spotify’s growth stems from cost-cutting and podcast expansion. Read why SPOT stock is a 'Hold' amid operational leverage ...
According to Wall Street analysts, Spotify is projected to reach 2024 earnings per share (EPS) of $5.90, making it its first ...
My conclusion was that YouTube Premium, despite the ad-free viewing, was no longer worth it. At $14 a month, it's a steep ...
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