Spotify paid out a record £7.7bn in royalties

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.
Spotify pays record $10 billion in royalties in 2024, marking industry’s biggest annual payout
Spotify paid a record $10 billion in royalties in 2024, with indies earning over $5 billion and songwriter payouts at new highs.
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.
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,
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.
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,
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
Spotify announces record $10B royalty payouts last year
Spotify (NYSE:SPOT) said it paid $10B in royalties last year, the biggest single-year payout by a company in the history of the music industry, with its yearly payouts to the industry increasing tenfold over the past decade.
Spotify Distributed $10 Billion In Music Royalties In 2024: Details
Spotify reached a new milestone, paying $10 billion in royalties to the music industry, a tenfold increase over the past decade. This growth benefits both major streaming services and artists, ...
Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Spotify: The Road Ahead Is Tough, But It Is Positioned Well
Spotify leads music streaming with record 2024 Q4 results, but faces margin challenges and competition. Read here to know why ...
Spotify's new revenue data shows streaming success despite Nashville artists' concerns
Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's ...
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Spotify Loud & Clear 2025 report breaks down its $10 billion role in the streaming economy
The Rise of Indies: In 2024, independent artists and labels collectively generated more than $5 billion from Spotify — ...
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12m artists uploaded music to Spotify last year. Less than 0.6% generated $10,000 or more in royalties
The proliferation of new artists is a good thing, Spotify says, even if it means it’s harder to be discovered.