Spotify: Last News

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nme.com
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Spotify claims it paid £7.7bn in royalties, amid criticism from artists
Spotify has claimed it has paid $10bn (£7.7bn) in royalties in 2024, the largest payout to the music industry in a single year.The streaming service said 1,500 artists earned over $1 million in royalties, marking a 10-fold increase in its yearly payout figure from 2024, where $1 billion was given overall.In a report looking at payments of royalties, Spotify called their 2024 payouts “the largest in music industry history”, and compared itself to Tower Records at the peak of the CD era in the early 2000s.However, this comes as artists and industry figures continue to criticise the streaming service over streaming earnings. Earlier this year, nominees for the Songwriter Of The Year category at this year’s Grammy Awards decided to boycott Spotify‘s party for the ceremony.The likes of Jessi Alexander, Amy Allen, Jessie Jo Dillon and RAYE – who have all been nominated for Songwriter Of The Year have announced they will be skipping the streaming platform’s celebratory bash and will also not be performing at the event.However, Spotify said it pays royalties to rights holders, explaining that it does not have “visibility” on where the money ultimately goes as it is dependent on the artists’ individual contracts with their labels – according to BBC News.A spokesperson said: “Spotify does not pay artists or songwriters directly.
nypost.com
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Meghan Markle suffers another setback as her podcast series is delayed: report
inked a deal with Lemonada Media in Feb. 2024 to launch a new podcast series after Spotify decided not to renew the steep $20 million deal for a second season of “Archetypes.”While the new podcast was supposed to launch last year, the “Suits” alum was forced to pump the brakes on its release after Lemonada was reportedly “struggling to get off the starting blocks.”A source has now told Hello! Magazine that Markle’s dive back into the podcast arena will have to wait.Insiders told the outlet that similarly to the delay of her upcoming Netflix lifestyle series “With Love, Meghan,” the former working royal’s podcast’s launch has been affected by the LA wildfires.The Post has reached out to Markle’s reps and Lemonada Media for comment.After signing with the former actress, Lemonada will now be distributing her previous Spotify podcast series to all platforms.Details of the new series have yet to be made available, but it is known that Markle will host the show.It appears as though Markle will need to work extra hard to make the podcast a success after her former Spotify colleagues accused her of bullying.One person who worked with Markle described the alleged experience with her as “really, really, really awful” and “very painful.”According to several unnamed sources who spoke to Vanity Fair, the former actress and her husband, Prince Harry, 40, did not always foster a congenial working environment.The experience was “really, really, really awful.

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