Spotify has released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments.

Nearly 1,500 artists generated more than $1 million in royalties from Spotify in 2024, the company said in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool did not have a song reach the app's Global Daily Top 50 Chart.

Spotify paid the music industry $10bn (£7.7bn) in 2024, which the streaming service said was the highest annual payment from any single retailer in history. But the figures come as a heated debate continues about how much money artists and songwriters receive in royalties.

Spotify paid $10 billion to the music industry last year, with $4.5 billion to publishers across 2023-24. So why are songwriters still struggling?

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Julian Satterthwaite reports. The scientists trying to save the fewer tha

Spotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to rights holders with more musicians regularly earning their living through Spotify streams and more music millionaires being created than ever before.

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in royalties from Spotify last year,