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flag Spotify paid a record $11 billion in royalties to the music industry in 2025, with half going to independent artists.

flag Spotify paid over $11 billion to the music industry in 2025, a record high and a 10% increase from 2024, the company announced on January 28, 2026. flag Half of the royalties went to independent artists and labels, reflecting Spotify’s focus on supporting smaller creators. flag The platform pays out about 70% of its music revenue to rights holders, reinvesting the rest into content like podcasts and audiobooks. flag With 713 million monthly active users by end of Q3 2025, Spotify also raised premium prices in several markets to boost profitability, amid competition from YouTube and Apple.

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