Spotify broke a record: he paid the music industry $ 10 billion per year

29 January 2025, 20:16 | Music
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Spotify streaming service set a new financial record - in 2024 the company paid the musical industry $ 10 billion. This money was received not only by artists, but also by publishers, producers and other partners. . Another 60 musicians were able to earn more than $ 10 million only thanks to this platform. .

The total amount of the music industry service has already exceeded $ 60 billion. . The company notes that 60% of Premium subscribers began acquaintance with Spotify through free access with advertising. In addition, a flexible pricing policy, adaptation of tariffs for local markets and global service accessibility plays an important role.. . The company is sure that in the future the total number of subscribers in the industry can be 1 billion. . . PIDS INSIALLY OUR CANEL HTTPS: // T. Me/KorrespondentNet TA WhatsApp Author: 1.




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