musiconline
Spotify paid out a total of $9 billion (€8.3 billion) in streaming royalties in 2023, making it the largest annual payment from any company to the music industry. The payout, which includes earnings distributed to artists and rights holders, was revealed in its recently published 'Loud and Clear' report. Previously, the giant Swedish digital music, podcast, and video service had been urged to "increase transparency" following criticism that it was failing to do so. "This is everything we know about how much is being paid out, how many artists are achieving different levels of success," said Ch...
Euronews (English)
As multinational CEOs go, Daniel Ek, the boss and founder of Spotify, is rather a quiet man when it comes to boasting about his company's exploits. But last week, he launched a soft PR campaign giving his inner thoughts about Spotify's role in supporting musicians and the industry. Ek claims his firm has put over $9 billion (€8.3 billion) back into the music industry in 2023, and has paid a total of more than $48 billion (€44.4 billion) since the company was founded. In recent years, the streaming platform has come under fire for underpaying musical artists. Many major artists have pulled thei...
Euronews (English)
Every month of 2024, Euronews Culture takes a trip down memory lane and handpicks a trio of albums celebrating a major milestone. (January's trio, in case you missed them, can be found here.) These are the three records you should choose to (re)discover as they respectively turn 10, 20, and 30 this February. Turing 10 in 2024: Wild Beasts – Present Tense(Release date: 25 February 2014) British indie rockers Wild Beasts lasted a solid 16 years together, and it’s no hyperbole to state that they were once one of the UK’s most distinctive talents. The dualling voices of members Tom Fleming and Hay...
Euronews (English)
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