Spotify on Tuesday released the annual Loud and clear referenceDetailed information on music flow rights payments. While Spotify revealed earlier this year that it paid $ 10 billion in the music industry in 2024, the new exhibition offers more in -depth numbers on its payments in an effort dissolve reports That the company does not reward artists right for their work.
For the first time, an artist who received one in every million currents in Spotify created more than $ 10,000 on average in 2024, which is 10 times what the same flow would have created a decade ago, according to the report.
While Spotify affects the amount it has paid to artists and songwriters, many require fair compensation from the streaming service. A few weeks ago, several singers who have contributed by Grammy Boycotted Songwriter of the Spotify Year Grammy Party because of the decreasing rights of the music flow service. Due to a change introduced by Spotify last year, The sign has been appreciated These authors stand to lose about $ 150 million for 12 months.
In addition, a New report from Duetti (that Spotify rejected in a previous statement on TechCrunch) found that Apple Music is still paying artists twice as much more than Spotify. It found that Spotify paid artists of $ 3.0 per 1,000 flows, while other platforms such as Amazon Music, Apple Music and YouTube paid $ 8.8, $ 6.2 and $ 4.8, respectively, per 1,000 currents in 2024.
Following the release of the report, Spotify told TechCrunch that “these claims are ridiculous and unfounded”, and that “no streaming service pays per current”.
Spotify’s new report attempts to reject these reports and concerns. The report describes in detail the company’s payment model to explain how artists and publishers earn revenue on its platform.
“Important flow services calculate all payments in the same way: based on streamShare (if an artist’s list represents 1% of total currents, it will earn 1% of total rights),” the company explained in its report. “Still, misconceptions about ‘percentages by flow’ remain widespread. Flow services do not pay on a fixed percentage per flow-as listeners do not pay per song they hear.”
The Association of Music and Allied Workers (UMAW) asks Spotify to compensate fairly the artists, especially independent and smaller artists who are struggling to live. Congress Rashida Tlaib and Congress Jamaal Bowman introduced The The Living Wage for Musicians Act In collaboration with UMAW, citing a proposal aimed at increasing flow rights for musicians in one minute per stream.
“It is easy to calculate what Spotify pays directly to the registration artists: $ 0,” a UMAW spokesman said in a statement to TechCrunch.
“There is no immediate payment to Spotify recorders, because the company claims that its way of flowing does not fall under any existing arrangement or requirement for direct payments to musicians-as opposed to other digital platforms such as satellite radio, online broadcasting, UMAW supports the live salary for musicians to act to close this gap and streaming to pay for the musicians who create Spotify content and other platforms, “the statement concluded.
Spotify’s report offers that its payments are improving, despite industry concerns.
The report reveals that the number of rights artists have tripled since 2017. A decade ago, the leading Spotify artist has earned more than $ 5 million, and today, more than 200 artists have surpassed this milestone.
In the last decade, the 10,000th Spotify artist has seen their rights grow nearly 4 times-$ 34,000 to $ 131,000, while the 100,000th artist has seen their rights produced more than 10 times-increasing from under $ 600 in 2014 to almost $ 6,000 in 2024.
In addition, the company revealed that about 1,500 artists created more than $ 1 million in Spotify only last year. Spotify notes that 80% of these artists didn’t have a song to reach Spotify Global Daily Top 50 chart in 2024, which means that many of them are not household names.
Spotify also shared that artists who created at least $ 100,000 in rights record music in more than 50 languages in 2024, while artists who created at least $ 1 million in Spotify recorded music in 17 different languages.
