Spotify Reports Record Music Industry Payouts Exceeding $11 Billion in 2025
Spotify announced that it paid out more than $11 billion to the music industry in 2025, marking the largest annual payment from a retailer on record. Payouts increased by over 10% from the prior year, with independent artists and labels accounting for 50% of royalties. The company highlighted its payout formula and said it is reinvesting retained r…