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. Nearly 1,500 artists earned over $1 million in royalties from Spotify last year,

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

It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report, the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.

Spotify released its 2024 Loud & Clear report, which says more artists made more money in more languages from the streaming platform last year.

Bill Simmons will continue his namesake show covering sports and pop culture on Spotify and serve as the company’s head of talk strategy.

Bill Simmons will remain as head of talk strategy at Spotify after reupping his contract there.

Bill Simmons, five years after Spotify bought his media startup The Ringer for as much as $196 million, is staying on with the streaming giant. Simmons has renewed his contract with Spotify and will continue to serve as head of talk strategy,

Spotify has taken down Andrew Tate ’s “pimping hoes” podcast as it was found to be in breach of the company’s rules.

Andrew Tate, who grew up in Luton, is under criminal investigation in three countries - Alexandru Dobre/AP