Spotify reportedly posted a quarterly profit of about €367 million (about $380 million) last quarter, a massive jump from a ...

Sure, a decent chunk of that did go to the artists—the release states that “well over 10,000 artists generate over $100,000 ...

And it has paid out a collective $60 billion since its founding a decade ago. “For a lot of people, those numbers might go in one ear and out the other. And they’d perhaps ask why Spotify ...

Spotify has just won in a US court case regarding claims that an attempt to add extra value to their customers was simply a ...

Spotify says it paid out a record $10 billion to the music industry in 2024, bringing its total contribution since it was founded in 2006 to nearly $60 billion, the company revealed in a blog post ...

Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record — making its total around $60 billion since it was founded in 2006.

That amount is 10 times larger than what Spotify paid out to rights holders a decade ago. By Elias Leight Spotify paid $10 billion to music rights holders in 2024, according to a blog post ...

With the Grammy Awards looming, Spotify wants to remind the industry that it has been at the forefront of its renaissance. The streaming audio giant said Tuesday that it paid out $10 billion to ...

Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 billion in industry payouts since its inception.