Spotify Says It’s Paid Over $48 Billion to the Music Industry — Including More Than $9 Billion in 2023 Alone

Amid the high-stakes Universal Music-TikTok licensing showdown, Spotify says it’s paid north of $48 billion to the music industry to date – including over $9 billion during 2023 alone. Spotify took to social media to reveal the industry-payment milestone, which it intends to elaborate on in its forthcoming Loud & Clear report. That annual breakdown, […]

The post Spotify Says It’s Paid Over $48 Billion to the Music Industry — Including More Than $9 Billion in 2023 Alone appeared first on Digital Music News.

Link to the source article – https://www.digitalmusicnews.com/2024/02/08/spotify-music-industry-payments-2023/

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