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The bill proposes a new streaming royalty, to be paid into an Artist Compensation Royalty Fund, which would ensure artists receive at least one cent per stream. It's a direct payment from ...
Spotify also estimates that “in 2014, around 10,000 artists generated at least $10,000 per year on Spotify. Today, well over 10,000 artists generate over $100,000 per year from Spotify alone.”
Following on the news that the music industry generated some $9 billion on Spotify in 2023, the streaming giant has revealed that half of that total went to independent labels and artists — $4.5 ...
Recording artist royalties are a vital part of an artist's income and are gained through the digital and retail sale of their music along with the use of their music in streaming services, broadcasting, and in other forms of media such as TV shows and films.
Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
Spotify's fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any ...
[a] Since 2012, Spotify has published a yearly list of its most-streamed artists, which has been topped by Drake and Puerto Rican rapper Bad Bunny a record three times, with Bad Bunny being the only artist to do so in consecutive years (2020–2022). Swift is the only female artist to have topped the list (2023–2024).
Spotify paid the music industry some $9 billion in 2023, according to a statement from the streaming giant, which added that the “figure has nearly tripled over the past six years, and ...