Spotify paid out $9B to music rights holders in 2023, a "figure that has tripled over the past six years", and more than $48B since its founding (Jem Aswad/Variety)

Jem Aswad / Variety:
Spotify paid out $9B to music rights holders in 2023, a “figure that has tripled over the past six years”, and more than $48B since its founding  —  Spotify paid the music industry some $9 billion in 2023, according to a statement from the streaming giant, which added that the …

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