After being accused of paying musicians the lowest rates amongst the big streaming services, Spotify has defended its record.
With the Grammy Awards looming, Spotify wants to remind the industry that it has been at the forefront of its renaissance. The streaming audio giant said Tuesday that it paid out $10 billion to the ...
Spotify has focused a lot on its podcast business in recent years, possibly to the detriment of its music offering, but this ...
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 billion in industry payouts since its inception.
Spotify reported solid Q4 and full-year 2024 earnings, with the streamer turning in its first annual net profit since it was ...
The new multi-year agreement comes as Warner Music Group announced it had purchased a controlling stake in Tempo Music. The ...
Spotify led the music business to growth, so why are artists and songwriters angry? It's a paradox that's proving difficult to solve.
Spotify optimizes for “higher overall payout,” he says. Spotify has released industry payout figures frequently over the last few years to push back against these criticisms. In December ...
According to a press statement released by Spotify late last month, in 2014 — when global music revenue hit its lowest recorded figure, 13 billion dollars – the platform’s contribution stood ...
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...
The National Music Publishers’ Association (NMPA) announced that it had launched a takedown initiative against Spotify over ...
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Spotify pays $10bn in royalties
Music streaming major Spotify says it paid a record $10 billion in royalties to the music industry in 2024. Nigeria is the ...