Spotify Defends Payout Model Amid Criticism from Artists and Lawmakers
Spotify's latest Loud & Clear report claims payouts are improving, but artists argue they remain underpaid.
Matilda
Spotify Defends Payout Model Amid Criticism from Artists and Lawmakers
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. Image:hocus-focus / Getty Images For the first time ever, an artist who received one in every million streams on Spotify generated over $10,000 on average in 2024, which is 10x what the same streamshare would have generated a decade ago, the report says. While Spotify is touting the amount it has paid out to artists and songwriters, many are demanding fair compensation from the streaming service. A few weeks ago, a number of Grammy-nominated songwriters boycotted Spotify’s songwriter of the year Grammy party because of the music streaming service’s decreasing royalties. Due to a change introduce…
