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Spotify Paid Music Industry $10 Billion in 2024
Spotify says that streaming has made the world ‘value music’
Spotify wants to see 1 billion people paying for streaming music, double the more than 500 million customers who currently subscribe to Spotify and its competitors. In Spotify’s view, artists are lucky to have streaming services,
Spotify Says It Paid Out $10B to the Music Industry in 2024
With the Grammy Awards looming, Spotify wants to remind the industry that it has been at the forefront of its renaissance. The streaming audio giant said Tuesday that it paid out $10 billion to the music industry in 2024, a new record high. And it has paid out a collective $60 billion since its founding a decade ago.
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, Universal Music Group
Universal Music Group and Spotify strike massive deal to grow business
Universal Music Group and Spotify join forces to seal a massive deal that could forever change the future of the music business.
Universal Music Shares Jump After Agreement With Spotify
The deal establishes a direct license between the companies across Spotify’s current product portfolio in the U.S. and beyond.
Universal, Spotify ink multi-year deal
Universal, Spotify ink multi-year deal Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.
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Spotify GC Steps Down, Opts to 'Step Away from Full-Time Corporate Life'
"This marks the end of a chapter that’s been filled with unforgettable experiences and immense personal growth," Eve Konstan ...
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Spotify and Universal Unveil Far-Reaching Deal That Improves ‘Bundling’ Payment Structure
Spotify and Universal announced a new deal that sources say improves the payment structure for the streamer's controversial ...
soapcentral on MSN
12h
Spotify and UMG sign major deal for superfan tiers, but users are skeptical – "Can’t wait to see the price increases!"
Spotify and Universal Music Group (UMG) just slid into a major multi-year collab, and it’s about to shake up the music ...
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Spotify General Counsel Eve Konstan Announces Exit
Spotify's general counsel Eve Konstan will exit the streaming company on Friday (Jan. 31), she announced in a LinkedIn post.
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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 ...
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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 ...
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Alex Cooper’s ‘Call Her Daddy’ Video Episodes Move to YouTube From Spotify
The video episodes of Alex Cooper’s Call Her Daddy are moving off of Spotify and will only be available on YouTube. Video ...
Newsable Asianet News on MSN
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Spotify Inks Multi-Year Agreements Including Direct Licensing Deal With Universal Music Group: Retail Relishes Development
Spotify Technology S.A. (SPOT) and Dutch-American music company Universal Music Group N.V. ($UMGNF) announced new multi-year ...
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