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 ...

Reserve your spot now. In 2024, streaming platform Spotify Technology SA SPOT disbursed an unprecedented $10 billion to the music industry in royalties, surpassing any previous yearly payment.

The company confirmed in a new report that it paid $5 billion to the independent music sector in 2024. By Ethan Millman Spotify updated its annual Loud and Clear report on Wednesday, confirming ...