Spotify's recent Loud & Clear report seeks to address criticism regarding artist payouts, boasting $10 billion in payments since launch and notable increases for streamed artists. However, dissatisfaction lingers as data shows Spotify's per-stream payout remains lower compared to its competitors—in 2024, artists earned $3 per 1,000 streams, contrasted with YouTube, Apple Music, and Amazon's higher earnings. The report has been met with skepticism, particularly from notable artists who are still frustrated with pricing structures that affect their royalties, leading to some artists boycotting Spotify events like the Grammys.
Spotify's 2024 Loud & Clear report emphasizes increased earnings for artists over 10 years, claiming $10 billion in payments, although artists still express frustration over low rates.
Despite Spotify's claims, artists remain dissatisfied, citing lower payouts per stream compared to competitors like Apple Music and Amazon Music, which raises ongoing concerns about fair compensation.
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