Spotify paid $7 billion in royalties to rights holders — primarily labels and publishers, but also distributors, performing rights organizations and others — in 2021, the company announced on Thursday in its annual “Loud and Clear” report. That total is more than any other service and sets the record for the highest annual payment from any single retailer in history, according to the announcement.
Source: Spotify Paid Out $7 Billion to the Music Industry — Labels, Publishers and Others — in 2021