Spotify paid $10 billion to music industry in 2024, reaching $60 billion total payouts

Spotify, the global leader in audio streaming, recently revealed it paid a remarkable $10 billion to the music industry in 2024. Since its launch, the company has distributed nearly $60 billion, a move aimed at addressing the ongoing debate about the platform’s compensation to artists. However, it’s important to note that these payouts encompass not … Continue reading Spotify paid $10 billion to music industry in 2024, reaching $60 billion total payouts More