Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
Laying off 1,500 people in December ended up creating a "significant challenge" for Spotify, the company's CEO Daniel Ek said ...