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Spotify was released on Tuesday High and clear reportDetails of the royalty payments of the music flow service. Spotify visible in the beginning of this year Paid $ 10 billion In 2024, the new report on the music industry offers deeper numbers on payments related to payments report Let the artists reward the artists for the company staff.
For the first time, an artist who received one of the dollars per million in Hotify, in 2024, an artist, which is above $ 10,000, and how many years ago will be created ten years ago.
Spotify, while wearing the amount paid to artists and the authors of the song, many require fair compensation from the flow service. A few weeks ago, a number of Grammy candidates songwriters SPOTIFY’S End of the year’s last Grammy Party royalties because of the reduction of the music flow service. Due to a change provided by Spotify last year, Billboard has guessed These writers are trying to lose more than 12 months of $ 150 million.
In addition, a New Report from Duetti (This Spotify was fired Previous statement for TechCrunch) Apple music still pays twice as much as the artists Spotify. IT Found That Spotify Paid Artists $ 3.0 Per 1,000 Streams, While Other Platforms Like Amazon Music, Apple Music, and Youtube Paid $ 8.8, $ 6.2, and $ 4.8, Respectely, Per 1,000 Streams in 2024.
After the release of the report, Spotify said “these allegations are ridiculous and unfounded” and “there is no flow service per flowing service,” Spotify said.
Spotify’s new sheet is trying to reject these reports and concerns. The report explains the company’s payment model to explain how the artists and publishers are income on the platform of publishing.
“Basic flow services are all calculating in the same way.” Again, misconceptions about ‘degree ratios’ are widespread. The flow services do not pay according to a stable stream rate – as listeners do not pay the audience. “
The union of musicians and allied workers’ (UMAW), especially calls on independent and small artists who struggled for a living, especially, especially. CongressWomen Rashida Tlib and Congressman Yamal Bowman presented last year Living salary for musicians As partnership with UMAW, detail a proposal that aims to increase the flow fee for musicians for a stream for a stream.
“Spotify is easy to calculate what the artists do to celebrate: $ 0,” A spokesman for UMAW said in a statement made to Techcrunch.
“There is no direct payment for the celebration of artists, because it is necessary to change the streaming or” non-interactive “, or ‘non-interactive’ flow or ‘non-interactive’ streams, all that directly celebrates all directly to musicians. Efforts for “he said.
Spotify, despite worried about the industry, reported that the payments are further improved.
The report shows that the number of artists selected by artists has increased three times since 2017. The floor won more than $ 5 million today, and the best artist who won over 200 artists in this period.
In the last decade, the 10,000th artist in Spotify saw that the royalties have increased by almost 4x, up to $ 34,000, more than 100,000 ranked restours, in 2014 increased by $ 600 to $ 600 to $ 600. Up to $ 2024
In addition, the company found that the company has committed more than $ 1 million in the last year. Spotify notes 80% of these artists have not reached the Spotify Global Daily 50 schedules in 2024, which indicates that many are not home names.
Spotify also shared the artists who won at least $ 100,000 in 2024, in 2024, listed in more than 50 languages in 17 different languages.