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

DATE POSTED:February 8, 2024
Music Business Worldwide
Original article
That's around 24 times what TikTok paid music rightsholders last year (which in itself isn't a fair comparison)

Source

Music Business Worldwide
Original article
Newswire > Spotify paid out $9 billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues

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