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 ...

Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.

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 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.

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 ...

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 ...

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.