Spotify said that last year it paid out more than any other streaming service, however, more than half the artists still don't earn well.

STORY: Spotify says it paid a record $10 billion in royalties to artists in 2024.The streaming giant said that was the largest ever payout to the music industry in a single year. Of that total, nearly 1,

Spotify announced in late January that it had paid out a record $10 billion US in royalties in 2024, the largest payout to the music industry in a single year. This amounts to a tenfold jump from $1 billion US in 2014.

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