Spotify paid out $9 billion to music rightsholders in 2023

The company says it delivered USD $9 billion last year to recipients across record companies and music publishers, plus independent distributors, performance rights organizations, and collecting societies. According to Spotify, the $9 billion figure means that its annual payouts to music rightsholders have “nearly tripled in the past six years”.

Source: Spotify paid out $9 billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues

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