The world’s most well -known online music and Podcast platform Spotify’dan a remarkable statement came. With this statement, the company announced in 2024 how much money it gave to the artists. Spotify has achieved a new record.
Compared to the official statement, musicians in Spotify and Podcast publishers provided 10 billion dollars in 2024. Some natural craftsmen earn money that made lips, while others earned lower income. Compared to Spotify information, 60 artists won more than $ 10 million in 2024. 1,250 artists 1 million dollars and more than 10 thousand artists earned 100 thousand dollars and over revenue.
Spotify’s money exceeded $ 60 billion
The announced data reveal that Spotify’s contribution to the music industry has exceeded $ 60 billion. However, this number has increased significantly in recent years. For example, when the calendars showed 2014, the number of artists who earned at least 10 thousand dollars in Spotify was about 10 thousand. Now the number of musicians and Podcast publishers who won this money has increased to 10 times.
Spotify did not give details about his payments to craftsmen, but the music financing platform Duetti has information about it. In this context; Spotify pays $ 3 per 1,000 listening. However, this price is much lower than you claim. Again, according to the Duetti data, Youtube, Apple Music and Amazon Music pay $ 4.8, $ 6.2 and $ 8.8, respectively per 1,000 listening.
