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

Spotify announced earlier this year that it paid out a record $10 billion-plus to the music industry in 2024, bringing its total to nearly $60 billion since its inception in 2006. The company - the world’s largest paid music-subscription service by a wide margin - maintains that it pays out 70% of every dollar it