Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
1. Spotify reported nearly 1,500 artists earned over $1 million in 2024. 2. Over 80% of those artists lacked top 50 global songs. 3. Spotify achieved its first full year of profitability. 4. The company paid a record $10 billion in royalties in 2024. 5. Spotify levels the playing field for artists of all genres.