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Spotify paid out a record £7.7bn in royalties

MarketWatch on MSN · 15h

Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living

The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.

The Hollywood Reporter on MSN · 8h

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.

BBC on MSN · 20h

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.

Bill Simmons Renews Spotify Contract

The Hollywood Reporter on MSN · 5h

Bill Simmons Signs New Contract at Spotify

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

Bloomberg · 14h

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

The Ringer stands out as one of Spotify’s more successful acquisitions. The company makes several popular sports and pop-culture shows that cost very little to produce and have large audiences, including The Bill Simmons Podcast and The Rewatchables.

Variety on MSN · 12h

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.

18hon MSN

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 ...

15h

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 ...

13hon MSN

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

Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty ...

Digital Music News on MSN1d

A Spotify Stock Correction? SPOT Is Down Almost 20% During the Past Month Amid Broader Market Declines

Against the backdrop of broader market declines, Spotify stock (NYSE: SPOT) is down almost 19% from mid-February.

14h

Spotify’s $10 Billion Payout Shakes Up Music Industry in 2024

Spotify has unveiled its annual Loud & Clear report, highlighting record-breaking royalty payouts and global growth in the ...

12h

Spotify signs Bill Simmons to a new deal

Bill Simmons will continue his namesake show covering sports and pop culture on Spotify and serve as the company’s head of ...

8h

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

The music streaming platform received criticism for keeping the show for as long as it did.

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