Spotify may be earning more than ever but it's paying out a record $10 billion to rights holders too
Spotify just revealed its Annual Music Report and the streaming giant just had its best year ever, paying out $10 billion to ...
End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
Music Business Worldwide6d
Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023
Spotify CEO and co-founder Daniel Ek sold another USD $29.2 million worth of company shares on Wednesday (March 5), ...
Spotify CEO Wants EU To Penalize Apple For Defying Regulations
CEO, Daniel Ek, escalated a four-year battle with Apple Inc (NASDAQ:AAPL) for allegedly flouting the European Union’s Big Tech rules. Ek snubbed the iPhone maker’s attempts to align with the EU’s ...
Spotify paid record $10 billion to artists last year
STORY: Spotify says it paid a record $10 billion in royalties to artists in 2024.The streaming giant said that was the ...
Silicon Republic17h
Spotify paid out $10bn in 2024, but many artists didn’t see profits
Spotify said that last year it paid out more than any other streaming service, however, more than half the artists still don't earn well.
Spotify to EU: Apple is making fool by its EU compliance
Spotify CEO Daniel Ek urged European regulators to penalize Apple for allegedly bypassing the EU's Digital Markets Act. He ...
Spotify Looks to Expand AI-Narrated Audiobooks On Its Platform
The company has partnered with AI software company ElevenLabs to allow more authors to use digital narration in their ...
EU's dominant music service wants Apple to be penalized for dominance
The European Union's dominant music service, Spotify, is coming for Apple once again, hoping to hit it where it hurts — the wallet.