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Here’s what the charts sayPolkadot price may surge 200%, thanks to these 3 catalystsInfosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 croreFTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfallsBack to back upgrades for one portfolio stock and why Jim Cramer insists you buyNVDA, INTC, PEP, TSLA and moreSLMG to invest $1 billion in Coca-Cola ExpansionEU top-level official says the US stablecoins challenge the EU financial stability, names the remedyS&P 500 could see 3% to 5% bounce from oversold levels, Piper Sandler saysWall Street Today | US stocks shaky on tariff fears after early leap led by cooling inflation; Tesla jumps 6%: 5 PointsGoldman gave clients a stable stock list to buy if there’s a recession — here’s what’s on itEthereum price alert: here’s why ETH may crash to $1000 soonBuy these ‘diamonds in the rough’ that will lead a market bounce, Evercore saysCalifornia Senator endorses Bitcoiner for seat on $500b pension fund boardWe’re again adding to a restaurant name delivering the value cautious consumers craveTesla investor survey shows 85% believe Musk’s politics are hurting companyJeanne Shaheen won’t run for re-election, opening another Democratic Senate seat in 2026SBI Mutual Fund books partial profit in THIS cigarette manufacturer; small-cap stock down 25% YTDBitcoin Price Rally? 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Spotify says it paid nearly 1,500 artists $1 million or more in 2024

In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City.

Michael M. Santiago | Getty Images

Spotify is minting music millionaires.

Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report.

Spotify said more than 80% of the artists in that pool didn’t have a song reach the app’s Global Daily Top 50 chart.

“Spotify has helped level the playing field for artists at every stage of their careers,” read a portion of the report. “Success in the streaming era doesn’t require a decade-spanning catalog nor a chart-topping hit.”

The news comes about a month after the company reported a fourth-quarter earnings beat that saw the Swedish music streamer record its first full year of profitability. The company said it paid an all-time high of $10 billion in royalties to the music industry for the year.

    • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

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