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353 Spotify says it paid out $11 billion in royalties in 2025

The Verge
Terrence O’Brien @ The Verge · 01/28/2026 13:22 EDT

Spotify says it paid out $11 billion in royalties in 2025

Today, Spotify announced that it had paid out more than $11 billion to the music industry in 2025. It's an impressive-sounding number that's a full $1 billion more than it paid last year. And, according to Spotify, that accounts for roughly 30 percent of the entire recording industry's revenue. And, according to Spotify, that accounts […]

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