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.

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Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams

Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.
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Spotify paid £7.7bn to the music industry as royalties debate continues

The figures come as debate continues about how much money artists and songwriters receive in royalties.
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Spotify’s biggest sin? Its algorithms have pushed artists to make joyless, toothless music | John Harris

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$Spotify is trumpeting big paydays for artists – but only a tiny fraction of them are actually thriving$
Spotify is trumpeting big paydays for artists – but only a tiny fraction of them are actually thriving

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

Topics

Related

Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams

Spotify paid £7.7bn to the music industry as royalties debate continues

Spotify’s biggest sin? Its algorithms have pushed artists to make joyless, toothless music | John Harris

Spotify is trumpeting big paydays for artists – but only a tiny fraction of them are actually thriving

Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal

2025 NFL free agency: Cowboys reportedly make KaVontae Turpin league's highest-paid special teams player

GOP Rep. Mark Harris says Trump has done 'tremendous job' making case against Education Department

Mirror, Express and Star owner says its print titles will be loss-making from 2031

Retiring on a cruise ship? More Americans are making it a reality

More from MarketWatch

Here are the states facing big hits from the E.U.’s retaliatory tariffs on American liquor

Social Security Administration to cut phone service for direct-deposit transactions

Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

This agentic AI play’s stock is falling after it called out ‘increasing global macroeconomic uncertainty’

Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

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