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Technologyplus.pk is an emerging tech, business, startup, general news website. At technologyplus.pk, we are passionate about technology and its transformative power in today's rapidly changing world. We are your trusted source for the latest tech news, insightful analysis, and in-depth coverage of emerging trends that are shaping the future.
Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.
Nearly 1,500 artists earned over $1 million in royalties from Spotify last year, the Swedish streaming giant said.
Spotify said its yearly payout to the music industry had risen 10 times from $1 billion in 2014.
Spotify was hit with a lawsuit in US that accused the company of underpaying songwriting royalties for tens of millions of songs last year.
A federal judge in New York ruled to dismiss that suit this year.
Technologyplus.pk is an emerging tech, business, startup, general news website. At technologyplus.pk, we are passionate about technology and its transformative power in today’s rapidly changing world. We are your trusted source for the latest tech news, insightful analysis, and in-depth coverage of emerging trends that are shaping the future.
Our mission is to empower you with knowledge and insights to navigate the ever-evolving tech landscape. We believe that technology has the potential to drive innovation, improve lives, and solve some of the world’s most pressing challenges. By staying at the forefront of technological advancements, we aim to bring you the information you need to make informed decisions in both your personal and professional life.
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