Spotify says it paid $10 billion to music industry last year

1. Spotify paid $10 billion to the music industry last year. 2. Over 252 million Spotify subscribers; 60% are on free plans. 3. 10,000 artists earn over $100,000 annually from Spotify payments. 4. Spotify's payouts are the lowest among major streaming platforms. 5. Streaming competition is intensifying with 99,000 tracks uploaded daily.