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Spotify Paid Music Industry $10 Billion in 2024
Spotify maintains it's paying musicians a lot, actually
Sure, a decent chunk of that did go to the artists—the release states that “well over 10,000 artists generate over $100,000 per year from Spotify alone”—but it seems to suck for most of those beneath the Bad Bunnys and Taylor Swifts of the world.
Spotify Pays $10 Billion to Music Industry in 2024 And Nearly $60 Billion Since 2006
As for looking ahead, Spotify expects its premium subscriber base to grow to 260 million and its MAUs to reach 665 million by the end of Q4 2024. The company will report its full earnings for the quarter on February 4, 2025, before the market opens.
Spotify Hits Milestone: $10 Billion Paid to Music Industry in 2024, $60 Billion Since Founding
Spotify has paid a record $10 billion to the music industry since its founding, aiming for 1 billion paying users.
22h
on MSN
Spotify may be planning to hike prices on its most loyal listeners
Spotify and Universal Music Group have announced a new multi-year agreement which could result in new subscription tiers on ...
1d
Spotify Might Introduce More Expensive ‘Superfan’ Features That Include Early Access To New Music And More
As The Verge reports, the deal suggests Spotify is considering a new “super-premium” tear geared towards “superfans.” ...
1d
on MSN
New Spotify and UMG deal could create pricier ‘superfan’ subscription
UMG chairman and CEO Sir Lucian Grainge called the agreement “precisely the kind of partnership development” the company ...
3h
on MSN
Spotify's SWOT analysis: streaming giant's stock faces growth vs valuation debate
Spotify Technology S.A. (NYSE:SPOT), the world's leading audio streaming platform with a market capitalization of $107 ...
Spotify
1d
Spotify General Counsel Eve Konstan to exit
Spotify CEO Daniel Ek responded to the exec’s leaving note on LinkedIn, thanking Konstan “for everything [she’s] done for ...
6d
on MSN
Spotify wants to take on YouTube in podcasts. Here's how the platforms stack up.
Spotify is looking to land more video creators. Its head of content partnerships shared how the platform is taking on podcast ...
1d
on MSN
Joe Rogan and ‘Crime Junkie’ Both Top 500 Million All-Time Streams on Spotify, Leading Inaugural Podcaster Milestone Awards (EXCLUSIVE)
Joe Rogan and 'Crime Junkie' both have more than 500 million all-time streams on Spotify, topping its inaugural Creator ...
13d
Spotify: The Operational Leverage Run Is Close To Being Over, What's Next?
Spotify’s growth stems from cost-cutting and podcast expansion. Read why SPOT stock is a 'Hold' amid operational leverage ...
1d
I used to think YouTube Premium wasn't worth it. Here's what changed my mind
My conclusion was that YouTube Premium, despite the ad-free viewing, was no longer worth it. At $14 a month, it's a steep ...
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