Will's Blog: Spotify says it paid $10B+ in royalties in 2024, "the largest in music history", making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+ (Anna Nicolaou/Financial Times)

12 March 2025

Spotify says it paid $10B+ in royalties in 2024, "the largest in music history", making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+ (Anna Nicolaou/Financial Times)

Anna Nicolaou / Financial Times:
Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+ — Company has long drawn ire from musicians who say streaming model does not remunerate them enough

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