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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 over $1 million in royalties in 2024.CNBC - 1h -
Spotify is trumpeting big paydays for artists – but only a tiny fraction of them are actually thriving
The company’s latest Loud & Clear report – a relatively transparent look into a closed-off industry – shows just how skewed financial success is in music. Since 2021, Spotify has published its Loud ...The Guardian - 10h -
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.BBC News - 5h -
Spotify’s biggest sin? Its algorithms have pushed artists to make joyless, toothless music | John Harris
Most musicians can only make money on the platform by writing songs inoffensive enough to get on to one of its vapid playlists. In the hands of some of its most gifted practitioners, songwriting is ...The Guardian - 3d -
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
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.MarketWatch - 37m