How much will artists get paid from the major labels’ Spotify profits?

Sony Corp just gave us a precious hint into the amount of money about to hit the artist community. The Japanese giant revealed that it’s forecasting a 105bn yen ($980m-ish) profit from the entirety of its Spotify stake once it’s done trading. From this small nugget of information, we can glean rather a lot about the windfall that artists can expect to receive from the major labels once they cash in their ownership holdings in Spotify.

Source: How much will artists get paid from the major labels’ Spotify profits?

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