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Spotify paid out a record £7.7bn in royalties

Spotify paid out a record £7.7bn in royalties in 2024

Spotify paid the music industry $10bn (£7.7bn) in 2024, which the streaming service said was the highest annual payment from any single retailer in history. But the figures come as a heated debate continues about how much money artists and songwriters receive in royalties.

Variety on MSN · 1d

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?

Reuters on MSN · 1d

Spotify says it paid $10 billion in royalties in 2024

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in royalties from Spotify last year,

The Financial Times · 1d

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.

Yahoo · 1d

Spotify may be earning more than ever but it's paying out a record $10 billion to rights holders too

Spotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to rights holders with more musicians regularly earning their living through Spotify streams and more music millionaires being created than ever before.

Reuters · 1d

Spotify paid record $10 billion to artists last year

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Julian Satterthwaite reports. The scientists trying to save the fewer tha

TechCrunch on MSN · 1d

Spotify says its payouts are getting better, but artists still disagree

Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service’s royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024,

Bill Simmons Renews Spotify Contract

The Hollywood Reporter on MSN · 18h

Bill Simmons Signs New Contract at Spotify

Bill Simmons will remain as head of talk strategy at Spotify after reupping his contract there.

Variety on MSN · 1d

Bill Simmons Renews Spotify Contract as Head of Talk Strategy

Bill Simmons, five years after Spotify bought his media startup The Ringer, renewed his contract as head of talk strategy for the streamer.

Bloomberg · 1d

Spotify Signs Bill Simmons, Its $250 Million Man, to a New Deal

Bill Simmons is sticking around at Spotify. The podcast host and media executive said in a statement Wednesday that he has agreed to a new contract at the Swedish audio streaming giant. Simmons will continue his namesake show covering sports and pop culture and serve as the company’s head of talk strategy for at least two years,

Spotify takes down ‘vile’ Andrew Tate podcast

The Independent on MSN · 4h

Andrew Tate’s ‘pimping’ podcast removed from Spotify

Spotify has taken down Andrew Tate ’s “pimping hoes” podcast as it was found to be in breach of the company’s rules.

Yahoo · 7h

Spotify takes down ‘vile’ Andrew Tate podcast after staff backlash

Andrew Tate, who grew up in Luton, is under criminal investigation in three countries - Alexandru Dobre/AP

Gizmodo · 1d

Spotify Pulls Down Andrew Tate’s Podcast About ‘Pimping Hoes’ Amid Criminal Probe

Rightwing influencer Andrew Tate has made a lucrative career out of being a misogynistic asshole, though it’s worth noting that he’s not the only one who has profited off of the obnoxious schtick. Spotify,

6hon MSN

Spotify launches a program to publish audiobooks from independent authors

Spotify has launched a program to publish audiobooks from independent authors, focusing on a few genres to start.

Spotify’s audiobook arm wants to hear from independent authors.

The company has opened submissions for short-form content “written specifically for audio.” If Spotify chooses to move forward with a submission, it will make an offer and then publish the audiobook.

Spotify (SPOT) Stock Sings from the Rooftops After $10B Payout to Music Stars

Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that ...

Rolling Out5h

Meghan Markle unveils new podcast after 20m Spotify breakup

Meghan Markle announces "Confessions of a Female Founder" podcast with Lemonada Media following her $20M Spotify deal ...

21h

Staggering 8-figure sum Taylor Swift rakes in from Spotify royalties as tech giant pays out record £7.7bn to artists

SUPERSTAR Taylor Swift saw her music earn over £79.8million last year in royalties from Spotify. The Shake It Off singer was the streaming platform’s highest earner over the last 12 months — as it ...