Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams

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In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool didnt have a song reach the apps Global Daily Top 50 chart. "Spotify has helped level the playing field for artists at every stage of their careers," the company said in the report. "Success in the streaming era doesnt require a decade-spanning catalog nor a chart-topping hit."

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