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 ...

Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record — making its total around $60 billion since it was founded in 2006.

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 ...

Rumblings of a Spotify HiFi tier have persisted for several years. In early 2023, Spotify co-president Gustav Söderström said the industry changed after they initially announced ...

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.

Spotify recommends resetting it to factory settings and “safely disposing ... Launched in February 2022, Car Thing aimed to improve music control in cars that lacked built-in “infotainment ...