Скачать или смотреть Spotify Paid Out a Record $10 Billion in 2024—But Are Artists Really Benefiting? | SnapNews

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Spotify Sets New Payout Record but Sparks Industry Debate
Spotify announced a record-breaking $10 billion payout to the music industry in 2024, bringing its total to nearly $60 billion since 2006. The platform claims 70% of its revenue goes to rights holders, with 1,500 artists earning over $1 million in royalties last year.
However, songwriters remain at the bottom of the streaming economy, receiving only a fraction of the revenue after labels, publishers, and other intermediaries take their cut. A recent lawsuit and Spotify’s audiobook bundle have also raised concerns about potential reduced royalty payments.
Despite these challenges, Spotify's payouts have grown tenfold over the last decade, proving streaming’s impact—but also highlighting the urgent need for a fairer royalty distribution system.
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