Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 billion in industry payouts since its inception.
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 ...
By Kristin Robinson Senior Writer Universal Music Group and Spotify have struck a new direct deal, impacting both the company’s recorded music and publishing royalty rates, the companies ...
Five days ago, Spotify disputed a report that Apple Music pays artists more than double compared to Spotify’s average rates. In completely unrelated news, Spotify has published a blog post ...
The rumor (fact)ory jumped the gun on the post-holiday work week with multiple reports of Spotify readying the launch of a new service tier. Targeted to "super fans," the new plan would boost ...
Spotify has already been moving away from curated playlists towards AI-powered personalisation: algorithmically compiled streams of music optimised for the circumstances of the individual listener.
All the way back in 2021, Spotify confirmed that a new tier of its music streaming service with high fidelity audio output was in development. Four years laters, that aural nirvana is still ...