Spotify paid $9 billion in royalties in 2023
LOS ANGELES: Spotify paid out $9 billion in streaming royalties last year, the streaming giant said on Tuesday in its latest “Loud and Clear” report. Spotify’s fourth annual report, originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any retailer to the music industry. […]
Tomas Kauer - News Moderator 
LOS ANGELES: Spotify paid out $9 billion in streaming royalties last year, the streaming giant said on Tuesday in its latest “Loud and Clear” report.
Spotify’s fourth annual report, originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any retailer to the music industry.
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