While the streaming giant says it paid $10 billion to the music industry in 2024, Variety reports the payment model needs a rethink.

Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that it paid $10 ...

Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's ...

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 past ...

Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.

Spotify reached a new milestone, paying $10 billion in royalties to the music industry, a tenfold increase over the past decade. This growth benefits both major streaming services and artists, ...

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year ...

Spotify's market valuation is roughly $110 billion. Warner and Universal are worth roughly $70 billion combined. Bloomberg explains the streamer's runaway success compared to music labels.