Spotify said it paid $10 billion in royalties in 2024, which was equivalent to about two-thirds of the company's total revenue for the year. That payout was up from $9 billion the year before and ...

(Reuters) - Spotify (SPOT) said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Spotify's stock climbed over 4% in pre-market ...

Nearly 1,500 artists generated more than $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report. Spotify said more than 80% of the artists in ...

Spotify said on Wednesday it paid $10 billion (€9.16 billion) in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in ...

Is the piper finally getting paid? Spotify Technology S.A. SPOT said Wednesday that it paid a record $10 billion in royalties last year, but it remains unclear how much musical artists are really ...

Spotify paid $10 billion in royalties in 2024. Over 50% of artists earn from international listeners. Find out which stock just claimed the top spot in the new Benzinga Rankings. Updated daily ...

If you’re wondering what your financial wrap for the ... than the record 2024 pace, which was fueled by the bundle and a reduction in exclusive podcast content spend.” Spotify’s recent ...

Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated over $1 million in royalties in 2024.

Spotify shares rose after the audio streaming platform said it paid $10 billion in music royalties during 2024. The stock opened 5% higher on Wednesday at $534.18. Shares have doubled over the ...