Spotify says that streaming has made the world ‘value music’

The platform says it paid out $10 billion to the music industry in 2024 alone.

The platform says it paid out $10 billion to the music industry in 2024 alone.

Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.

Spotify wants to see 1 billion people paying for streaming music, double the more than 500 million customers who currently subscribe to Spotify and its competitors. In Spotify’s view, artists are lucky to have streaming services, “each doing its part to normalize the behavior of paying for music.”

On Tuesday, the streaming giant announced that it paid out

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