Spotify’s mission statement is preposterous. Its latest announcements prove it.

When Spotify says 57,000 artists generated more than $10,000 on its platform in 2022, that number lumps together a wide range of acts – from those who generated $10,001 last year, all the way up to the handful earning multiple millions of dollars on the platform. To get a more granular understanding, we need to further crunch the numbers on Loud & Clear to ascertain how many artists are generating distinct amounts of money within individual royalty brackets on Spotify.

Source: Spotify’s mission statement is preposterous. Its latest announcements prove it.

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