Spotify says it paid $10 billion to the music industry in 2024, which is 10 times as much as it paid out in 2024.

Spotify started to pay a lesser royalty rate to songwriters, and argued that the move was backed by a settlement they had reached with music publishers in 2022 through the Copyright Royalty Board, ...

Daniel Ek, Spotify’s co-founder, has a net worth higher than that of Taylor Swift. Bloomberg For listeners of a less engaged bent, the lack of friction is the point. “If a user comes to the ...

"This marks the end of a chapter that’s been filled with unforgettable experiences and immense personal growth," Eve Konstan ...

Additionally, Spotify’s decision to demonetise tracks with fewer than 1,000 streams and allegations of using “ghost artists” to fill playlists have fuelled criticism. Daniel Ek, Spotify CEO, ...

Happy Wrapped! This is obviously a special moment for us and it’s still pretty wild to me how big it’s gotten year over year. In fact, after about the third year we did this, I specifically ...

Spotify has come out victorious in a lawsuit filed against the company last year over a controversial bundling strategy it adopted that led to decreased royalty payments to songwriters. A federal ...

Liberty Media Corp. Series C Liberty Formula One-0.39% $30.17B Liberty Media Corp. Series A Liberty Formula One-0.28% $30.17B ...

Sources close to the UMG/Spotify deal say it offers better pay to UMPG and its songwriters, and it signals that Spotify might be ready to bury the hatchet with U.S. publishers overall. By Kristin ...