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Spotify Paid Out Over A Billion To Labels This Year

Streaming services in general tend to take a lot of heat from record labels, and Spotify is no exception, but is this attitude justified? According to new information, the streaming platform has already shelled out 1.2 billion in royalties this year, suggesting it may be benefiting the industry more than...
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Technology : TechCrunch: Enterprise

Spotify, the music service with 24 million active users, says that it is on track to pay out $1 billion to artists that stream music on its platform in 2013, and that it has already paid out $500 million so far this year. The number...

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Entertainment Industry / Music Industry : Guardian.co.uk Music Industry Blog

Willard Ahdritz thinks the music industry may be about to err by placing more faith in Apple’s upcoming subscription service Streaming music service Spotify is under pressure from some major labels to restrict the free version of it...

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