Spotify Paid Out $10 Billion to the Music Industry in 2024 — $1 Billion More Than Last Year — and $60 Billion Total
Spotify announced on Tuesday that it paid out $10 billion to the music industry in 2024, $1 billion more than last year, and $60 billion since 2006.
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The Music Industry Couldn’t Handle Luther Vandross
The sudden shift flummoxed the music industry, which had inherited a profoundly prejudiced business structure from the totalizing predation of Jim Crow. For decades, Black music was tracked and ...