Right now, Spotify introduced that it had paid out greater than $11 billion to the music business in 2025. It’s an impressive-sounding quantity that’s a full $1 billion greater than it paid final yr. And, based on Spotify, that accounts for roughly 30 % of the complete recording business’s income. And, based on Spotify, that accounts for roughly 30 % of the complete recording business’s income. This determine, nevertheless, is solely a measure of royalties paid to the music business and doesn’t embrace merch or ticket gross sales, nor does it embrace audiobook royalties or podcasting offers.
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