Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool didn't have a song reach the app's Global Daily Top 50 Chart.
Spotify says it paid $10 billion in royalties in 2024
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.
Spotify says its payouts are getting better, but artists still disagree
Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company doesn't reward artists properly for their work.
Spotify says it's fixing the bug that caused Premium users to hear ads
Spotify has acknowledged an issue that's causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify's customer service account, the company said it's looking into the problem and linked to its Community website where the issue has been documented by users over the past four weeks.
This Billionaire Just Bought $560 Million of This Brilliant Stock Up Nearly 650% Since 2023
Examining what stocks billionaires buy is a great investment move. These investors have massive resources (like teams of researchers) that can pinpoint great values and then scoop them up before the rest of the market learns about them.
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Spotify Surges 133% in a Year: Buy, Sell, or Hold the Stock?
Given SPOT's price rise, we analyze its current position to find out whether investors should buy it, hold it, or book profits.
Spotify weighs $5.99 premium for added features, ticket access, Bloomberg News reports
Spotify is considering charging up to $5.99 a month on top of existing subscriptions for a new music streaming service that will include higher-quality audio, remixing tools and access to concert tickets, Bloomberg News reported on Friday.
Spotify: Just Getting Started
The monetization process is just getting started. Spotify may have multiple years of high earnings growth and increasing FCF. Growing premium subscribers with higher ARPU is the main earnings driver, boosting EBITDA and free cash flow and enhancing shareholder value. Spotify is beginning to gain pricing power from music labels that adds upside risk to its monetization story.
Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Spotify Stock Has Surged. How Much Its Founders Made Selling Shares.
The audio-streaming stock's has been on a stellar run but now faces intense competition from the likes of Apple and Google parent Alphabet.
Tune Into The Next Big Thing: Ads - Reiterating Buy On Spotify
Spotify reported its first-ever profitable year with a beat on MAUs for the quarter, and I think profitable growth is here to stay. I'm reiterating my buy on SPOT based on my expectation of two things happening. The first is more near-term upside from the TikTok migration where MAUs are concerned.
