Spotify says its payouts are getting better, but artists still disagree [TechCrunch]
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: TechCrunch
While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company doesn't reward artists properly for their work. For the first time ever, an artist who received one in every million streams on Spotify generated over $10,000 on average in 2024, which is 10x what the same streamshare would have generated a decade ago, the report says. While Spotify is touting the amount it has paid out to artists and songwriters, many are demanding fair compensation from the streaming service. A few weeks ago, a number of Grammy-nominated songwriters boycotted Spotify's songwriter of the year Grammy party becaus
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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 paid out a record £7.7bn in royalties in 2024 [Yahoo! Finance]Yahoo! Finance
- 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