Spotify paid out a record £7.7bn in royalties in 2024 [Yahoo! Finance]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Yahoo! Finance
But the figures come as a heated debate continues about how much money artists and songwriters receive in royalties. Earlier this year, several Grammy-nominated songwriters boycotted an awards event hosted by Spotify in a row about their streaming earnings. As the new figures were published, a spokesperson for Spotify said the responsibility for distributing the money it pays lay with record labels and publishers. The company said it pays royalties to rights holders, adding that it does not have "visibility" on where the money ultimately goes because earnings are based on artists' individual contracts with their labels. A spokesperson said: "Spotify does not pay artists or songwriters directly. We pay rights-holders, these are typically record la
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News
- Spotify (SPOT) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Spotify signs Bill Simmons, its $250 million man, to a new deal [Fortune]Fortune
- Spotify says its payouts are getting better, but artists still disagree [TechCrunch]TechCrunch
- How the Music Industry’s Cultural and Financial Impact Define Its Success in 2025: Spotify Loud & Clear ReportBusiness Wire
- Spotify Technology S.A. (NYSE: SPOT) is now covered by analysts at Redburn Atlantic. They set a "neutral" rating and a $545.00 price target on the stock.MarketBeat
SPOT
Earnings
- 2/4/25 - Miss
SPOT
Sec Filings
- 3/14/25 - Form 144
- 3/14/25 - Form 144
- 3/10/25 - Form 144
- SPOT's page on the SEC website