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Spotify Paid Out $10 Billion to the Music Industry in 2024 - $1 Billion More Than Last Year - and $60 Billion Total
While that figure may seem questionable considering how little many musicians make from streaming, it's important to bear in mind that Spotify (like most streaming services) pays
Spotify Says It Paid $10 Billion to Music Industry in 2024
The figure brings the music streaming giant's total contribution since its founding in 2006 to nearly $60 billion
Live music in Canada is a more than $10B industry, new study finds
According to a new study, in 2023 the live music sector contributed $10.92 billion to Canada’s GDP, as well as $3.73 billion in tax dollars. It also created more than 101,640 jobs.
Spotify Says It "Got the World to Value Music" After Accusations of Low Payouts
After being accused of paying musicians the lowest rates amongst the big streaming services, Spotify has defended its record.
1d
on MSN
Women Remain Underrepresented in Music Industry, USC Annenberg Report Finds
The music industry remains stagnant in breaking up its predominantly male class of artists, producers, and songwriters, a new ...
1d
on MSN
Music Industry Moves: UTA Signs Jasiel Nuñez (EXCLUSIVE)
UTA has signed Jasiel Nuñez -- a rising artist signed to Peso Pluma and George Prajin's Double P Records -- for ...
1d
on MSN
18 Music Industry Power Players Share Predictions for 2025
It's time to make some predictions about the coming year. We at Billboard have already put our heads together to come up with ...
18m
Riffusion’s free AI music platform could be the Spotify of the future
Riffusion launches a free AI music generation platform that creates original songs from text and audio prompts, challenging tech giants with personalized learning features and backing from The ...
23h
Women in Music Industry Held On to Gains in 2024, Still Underrepresented, Study Finds
The latest report from USC’s Annenberg Inclusion Initiative found women made up little new ground towards greater industry parity.
1d
Musicians Call for Legislative Action to Combat Misogyny, Bullying Across UK Music Industry
Misogyny across the UK music industry has artist and creator groups calling for the government to to take legislative action ...
The Canadian Press on MSN
1h
Escalating costs for fans and venues strain Canadian live music industry, report says
The CLMA released an economic report Thursday that touted $10.92-billion in contributions to GDP in 2023, but also noted fan ...
The Source Magazine
9d
LA Wildfires’ Impact on Music: Industry Struggles, Grammys Move Forward and Fire Aid Concert Takes Center Stage
The toll on the music industry has been particularly harsh, with many professionals losing their homes, studios, and ...
2d
on MSN
Spotify says it paid $10 billion to music industry last year
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that ...
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